Tuesday, March 29, 2016

2015 Community Matters Annual Report

A Message from CEO Bill Lawton 

2015 was an exciting year for Community Financial. We grew to over 60,000 members who are saving and borrowing hundreds of millions of dollars together. Our continued growth and branch expansion also led to the creation of 20 new positions within the credit union, for a total of 220 team members employed in our local communities.

As a not-for-profit financial cooperative, we have a significant impact on the areas we serve. Our volunteer board of directors understands the importance of having healthy communities for our members to live and work in. They want local consumers and businesses to enjoy sound financial health, and for our communities to be enriched through our existence.

Our 2015 results show that we have once again successfully fulfilled our board’s promise. We saw some of our strongest loan growth ever in 2015, especially in mortgages. We are proud to help our members achieve their dreams of home ownership. Helping members accomplish their financial goals not only makes Community Financial successful, but also builds stronger communities.

In 2015, we supported local nonprofits through our Summer of Sharing, Warming Hearts & Homes, Thumbs Up For Charity, and Community Sharing programs. We also partnered with 46 schools to help youth learn money management skills through our Student-Run Credit Union program, classroom presentations and the junior achievement program.

As we move into 2016, we will celebrate 65 years serving our communities. The values on which we were founded— service, commitment, and respect for our members— remain as strong today as when our story began 65 years ago. Our members make this all possible as owners of Community Financial Credit Union. I hope they feel a sense of pride in being part of a very special cooperative that is changing lives and making our communities better places to live and work.

We are proud to present Community Matters, our Annual Community Report for 2015.

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Community Financial Credit Union, P.O. Box 8050, Plymouth, Michigan 48170-8050;
© Community Financial 2013
Federally insured by NCUA.
Equal Housing Lender
Additional coverage provided by ESI.
Federally insured by NCUA.