COMMUNITY FIRST Credit Union Profile

Showing details for COMMUNITY FIRST Credit Union.

Home > MI > COMMUNITY FIRST

COMMUNITY FIRST

Charter #24199 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (989) 352-6031

Fax: (989) 352-6171

Founding Date: N/A

Website: http://www.cffcu.biz

Personnel & Operations

President: Schwandt, John

Manager: Rasmussen, Timothy

FT Employees: 56

PT Employees: 10

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 5

Hours: 9 TO 5 MONDAY, TUESDAY, THURSDAY, 9 - 6:30

Credit Union Profile Summary

COMMUNITY FIRST is a FCU Credit Union. With a total of 13,441 members [1], this institution manages approximately $145,264,473 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 8.27% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 1.91% [1].

Financial Snapshot

Total Assets [1]
$145,264,473

Total economic resources.

Total Loans [1]
$119,877,708

Total value of outstanding loans.

Total Deposits [1]
$133,951,607

Total funds deposited by members.

Members [1]
13,441

Number of active members.

Performance Ratios

Net Worth Ratio [1]
8.27%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.25%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
89.49%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 13.50%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↑ 1.91%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↑ 2.98%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

9637 N GREENVILLE RD

LAKEVIEW, MI, 48850-9107
Open in Google Maps

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

No approved reviews yet. Be the first to rate this Credit Union!

Branch Locations

Found 4 branches reported by COMMUNITY FIRST (Charter #24199).

Main Office

Main Office Main Office

Type: Corporate Office

9637 N Greenville Rd

Lakeview, MI 48850-9107

Phone: (989) 352-6031

Services: Member Services, ATM, Drive-Thru

Open in Directions

Additional Branches

Howard City

Howard City Branch

Type: Branch Office

837 W Shaw St Bldg B

Howard City, MI 49329

Phone: (231) 937-9400

Services: Member Services, ATM

Open in Directions

Morley

Morley Branch

Type: Branch Office

101 4th St

Morley, MI 49336-9480

Phone: (231) 307-3167

Services: Member Services

Open in Directions

Trufant

Trufant Branch

Type: Branch Office

110 S A St

Trufant, MI 49347-5121

Phone: (616) 984-9700

Services: Member Services, ATM, Drive-Thru

Open in Directions