Christian Financial Credit Union

Christian Financial Credit Union is a member-owned financial cooperative offering personal and business banking, and it has served the Metro Detroit community for more than 70 years. Its stated purpose is to empower members with products and services that make their financial lives easier, and it serves anyone who lives, works, worships, or is educated in Michigan. Criteria like these are a common way for credit unions to define their field of membership, the group of people eligible to join.

As not-for-profit institutions, credit unions generally pass their earnings back to members rather than paying them out to outside shareholders. Christian Financial points to competitive interest rates and lower fees on savings accounts, loans, and credit cards, as well as access to nearly 30,000 fee-free ATMs and shared branches. Its products include certificates, boat loans, and the ChristianFCU Banking mobile app, part of a range of digital services for everyday banking. Business services cover checking and savings, investing, commercial lending, and credit card processing, and include a Business Visa credit card aimed at small businesses, non-profits, and churches. The company also publishes guidance on opening a checking account for a church and on protecting business and church finances from fraud.

Christian Financial's Outreach & Impact Foundation aims to support families in the communities it serves, focusing on stable housing, quality of life, financial well-being, and the next generation. The company counts 170 employee volunteers, has dedicated 2,500 hours to volunteering, and donates roughly $80,000 a year to local non-profits. Such programs echo concern for community, one of the internationally recognized cooperative principles that many credit unions embrace.