Cornerstone Community Financial Credit Union

A short history of Cornerstone Community Financial CU

Since its inception in 1951 the Cornerstone Community Financial Credit Union has been serving its members in the AUBURN HILLS, Michigan area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Heidi Kassab, the Cornerstone Community Financial CU has grown its membership to over 22,808 with assets of more than $278,440,662. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (248) 340-9310 to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in AUBURN HILLS, MI.

General Information For Cornerstone Community Financial CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Compare Cornerstone Community Financial Credit Union To Other Local Credit Unions

Credit Union Name	Branch Name	Address	Zip Code	Phone Number	ATM Access	Distance (Miles)
Chief Financial CU	Pontiac Branch	790 Joslyn Ave	48340	(248) 335-9493	No	0.45
Parda CU	PARDA Federal Credit Union	259 E 24th St	49423	(616) 392-6979	No	1.86
Michigan Legacy CU	Flat Rock Branch	22855 Gibraltar Rd	48134	(734) 379-9125	No	1.99
Genisys CU	31 Shelby Twp.	49675 Van Dyke Ave	48317	(586) 323-7060	No	2.04
Metro North CU	Waterford	4594 Pontiac Lake Rd	48328	(248) 674-0491	No	5.32

Cornerstone Community Financial Credit Union Financial Performance Charts

Financial Data

Cornerstone Community Financial Credit Union Lowest Loan Rates With State and USA Rankings

	Unsecured Credit Card	New Car Loans	Used Car Loans	1st Mortgage Loans	Other Real Estate
Rate	14.45	2.89	3.98	4.13	4.38
Mean Rate For All USA Based Credit Unions	10.56	3.72	5.00	4.48	4.95
Rank Among All USA Credit Unions	505	132	201	160	152
Rank Among All Michigan Credit Unions	92	33	51	39	26

Cornerstone Community Financial Credit Union Highest Deposit Rates With State and USA Rankings

	Checking	Regular Savings	Money Market	Certificates of Deposits	IRA/KEOGH
Rate	0.63	0.10	0.40	1.36	1.15
Mean Rate For All USA Based Credit Unions	0.19	0.26	0.29	0.73	0.66
Rank Among All USA Credit Unions	58	129	76	109	140
Rank Among All Michigan Credit Unions	6	16	11	17	22

Cornerstone Community Financial Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	14.450	5,607	11,721,555
All Other Unsecured Loans/Lines of Credit	10.550	1,598	3,263,499
Short-Term, Small Amount Loans (STS) (Federal CU Only)	0.000	0	0
Non-Federally Guaranteed Student Loans	6.560	9,121	5,495,013
New Vehicle Loans	2.890	2,203	47,708,468
Used Vehicle Loans	3.980	6,152	80,763,217
Total 1st Mortgage Real Estate Loans/Lines of Credit	4.130	485	51,905,679
Total Other Real Estate Loans/Lines of Credit	4.380	603	20,888,223
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	7.540	1,214	14,307,187
TOTAL LOANS & LEASES		26,983	236,052,841

Cornerstone Community Financial Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding

Amt of Loans Outstanding

No. of Loans Granted Year- to-Date

Amount Granted Year-To-Date

Fixed Rate
a. > 15 years	154	15,593,577	18	1,575,016
b. 15 Years or less	191	14,347,123	13	1,545,417
Balloon/Hybrid
a. > 15 years	50	8,845,939	12	2,203,831
b. 15 Years or less	65	10,325,173	20	3,940,457
Other Fixed Rate	1	100,000	1	100,000
Adjustable Rate 1 yr or less	4	452,453	2	262,500
Adjustable Rate > 1 yr	20	2,241,414	0	0

OTHER REAL ESTATE

Closed-End Fixed Rate	329	14,725,510	49	2,371,500
Closed-End Adjustable Rate	0	0	0	0
Open-End Adjustable Rate	268	6,061,509	12	374,809
Open-End Fixed Rate	6	101,204	1	26,587
TOTALS	1,088	72,793,902	128	12,400,117

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans	1	262,500		262,500
Interest Only & Payment Option Other RE/LOC Loans	0	0		0
REVERSE MORTGAGES
a. Federally Insured Home Equity Conversion Mortgage (HECM)	0	0	0	0
b. Proprietary Reverse Mortgage Products	0	0	0	0

Cornerstone Community Financial Credit Union Member Offerings

First Time Homebuyer Program	Yes
Real Estate Loans	Yes
Pay Day Lending	No
Share Secured Credit Cards	Yes
Overdraft Protection/Courtesy Pay	Yes
Overdraft Lines of Credit	Yes
ATM/Debit Card Program	Yes
Interest Only and Payment Option 1st Mortgage Loans	Yes
Check Cashing	Yes
Money Orders	Yes
No Surcharge ATMs	Yes
Home Banking Via Internet Website	Yes