Central Macomb Community Credit Union

Rated star_ratedstar_ratedstar_ratedstar_rated_halfstar_normal by Credit Guide
Review based on 12 criteria Rating: 3.5 out of 5

PO Box 2800, Mount Clemens, MI 48046

Website

(586) 466-7800

Data Source: NCUA, December 31, 2016


Freestar Financial Credit Union was founded in 1957. Headquartered in Mount Clemens, Michigan, Freestar Financial Credit Union is a state chartered and federally insured credit union, being chartered in Michigan and insured through the National Credit Union Share Insurance Fund (NCUSIF). Freestar Financial Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Freestar Financial Credit Union services 18,520 members through its 4 offices and branches and 55 full-time and 4 part-time employees. It has $192,604,827 of total assets and $19,839,105 of net worth. Based on its asset size and net worth ratio, Freestar Financial Credit Union is classified as a Well Capitalized medium large credit union.

Freestar Financial Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Freestar Financial Credit Union also provides an array of services to its members and local communities. Freestar Financial Credit Union plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Freestar Financial Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Michigan and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of Michigan
Median of USA
Checking
0.0000
0.0000
0.0000
Savings
0.2000
0.1000
0.1200
Money Market
0.3000
0.2500
0.2500
Certificate Deplit
1.5000
0.6000
0.5800
IRA
1.2400
0.5000
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Michigan
National Median Rates
Credit Cards
12.9000
9.9600
9.9900
Unsecured Line of Credits
9.9900
11.0000
10.9500
Short-term Small Amount
n/a
18.0000
25.0000
Student Loans
n/a
6.2300
6.0200
New Car Loans
2.2400
2.9900
3.3300
Used Car Loans
2.7400
3.9900
4.5000
1st Mortgage Real Estates
4.2500
4.2500
4.2500
Other Real Estates
3.7500
4.5000
4.7000

Freestar Financial Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Freestar Financial Credit Union.

Electronic Banking Service Offerings

Membership Application
Yes
Yes
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
Yes
New Share Account
Yes
Bill Payment
Yes
No
e-Statements
Yes
Loan Payments
Yes
Yes
Account Balance Inquiry
Yes
Yes
Yes
View Account History
Yes
No

As a community financial institution, Freestar Financial Credit Union actively involves in local communities by prliding services such as financial counseling, financial education, financial literacy workshops, and first tim home buyer programs.

Community and other Service Offerings

Financial Counselling
Yes
Bilingual Services
No
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
Yes
Student Scholarships
Yes
Insurance/Investment Sales
Yes
First Time Homebuyer Program
No
Chesterfield
47011 Sugarbush Rd
Chesterfield, MI 48047
Phone:586-466-7800

Main
37570 S Gratiot Ave
Clinton Township, MI 48036
Phone:586-466-7800

Selfridge
44200 N Jefferson Ave # 715
Selfridge Angb, MI 48045-5263
Phone:586-783-5283

Sterling
34642 Van Dyke Ave
Sterling Heights, MI 48312
Phone:586-466-7800

(586) 468-6881

No Review

  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

Related Listings