COMMUNITY PROMISE Credit Union Profile

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COMMUNITY PROMISE

Charter #24848 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (269) 459-1777

Fax:

Founding Date: N/A

Website: http://www.communitypromisefcu.org

Personnel & Operations

President: Houston, Jim

Manager: Viland, Donald

FT Employees: 1

PT Employees: 2

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 1

Hours: MONDAY - FRIDAY 4 - 7 PM

Credit Union Profile Summary

COMMUNITY PROMISE is a FCU Credit Union. With a total of 295 members [1], this institution manages approximately $717,741 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 12.82% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -8.10% [1].

Financial Snapshot

Total Assets [1]
$717,741

Total economic resources.

Total Loans [1]
$510,643

Total value of outstanding loans.

Total Deposits [1]
$567,987

Total funds deposited by members.

Members [1]
295

Number of active members.

Performance Ratios

Net Worth Ratio [1]
12.82%

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]
-17.81%

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

Loan-to-Share Ratio [1]
89.90%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -24.93%

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

Loan Growth (4Q) [1]
↓ -8.10%

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

Member Growth (4Q) [1]
↑ 11.74%

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

Headquarters Location & Map

Headquarters Address

1313 PORTAGE ST

KALAMAZOO, MI, 49001-3050
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 2 branches reported by COMMUNITY PROMISE (Charter #24848).

Main Office

Main Office Main Office

Type: Corporate Office

1313 Portage St

Kalamazoo, MI 49001-3050

Phone: (269) 459-1777

Services: Member Services

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Additional Branches

Kalamazoo

Secondary Administrative office

Type: Corporate Office

816 Washington Ave

Kalamazoo, MI 49001-3058

Phone: (269) 271-9099

Services: None specified

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