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Money Matters Blog

Tuesday, November 28, 2017

Growing to Serve You Better

If you are a credit union member, you already know the benefits that credit unions bring to their local communities. One of the greatest benefits is that the members of the credit union are also its owners.

By definition, credit unions are not-for-profit cooperatives. In fact, years ago a common credit union tagline was, “not for profit, not for charity, but for service.” This still holds true today.

The more members a credit union has, the more value it can provide to its membership as a whole. As a credit union grows, it can offer better services at more competitive rates and with fewer or lower fees. That’s the power of community support.

With over $850 million in assets and over 65,000 members, Community Financial Credit Union continues to grow. We are committed to serving our members and making their communities better places to live. Last year, Community Financial donated over 4,400 hours and $450,000 to our local communities, and all of this was possible because of our members! We are able to grow and give back thanks to them!

This is why we are excited to announce that we will be expanding and opening a branch in the Westland community! 

The new credit union branch is being constructed on part of the former Quo Vadis Theater site across from Westland Mall. When complete, it will be a one-story 3,772-square-foot building on a 1.5-acre parcel and will be Community Financial’s 12th branch location.

The branch will be located on the east side of Wayne Road, just north of Warren Road, and is expected to be one of several changes in Westland's Shop and Dine District.

“Community Financial is very excited to become part of the Westland community,” said Community Financial SVP/Chief Sales & Marketing Officer Randy Penner.

“We already have many members who live in Westland, and our new branch will allow many more members of the community a more convenient opportunity to enjoy the benefits of membership.”

Our Westland branch is anticipating a January 2018 opening. Stay tuned for details on the grand opening! We can’t wait to show off the new location and meet with new and current members. Excited about the new location? Let us know in the comments section below.

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