Community Matters
Annual Community Report 2016
Bill Lawton

A Message from
CEO Bill Lawton

During 2016, Community Financial proudly celebrated our 65th anniversary. Throughout the year we celebrated our members, with appreciation days, service focused on...
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Teresa Folino

A Message from
Board Chair
Teresa Folino

Thank you for your continued support and membership at Community Financial Credit Union. As a not-for-profit financial cooperative, Community...
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Board of Directors

Teresa A. Folino (Chair)
Dan Herriman (1st Vice Chair)
Albert Berrie
Don Bain (Secretary/Treasurer)
Paul Bedich
Deborah Ronayne (2nd Vice Chair)
Mark Riegal
Adi Sathi
Ron Meteyer

Supervisory Committee

Terry Jolly
Jennifer Langan
Carol Leroue
Mary Lowing
Steve Rowley

Together We Are Stronger

Community not only makes up our name, it is the core of everything we do. We know we wouldn’t exist without our members and the communities in which they live. Strong business can only grow from a strong community that benefits everyone.

We are excited to share our Community Matters Annual Community Report spotlighting some of our favorite moments of 2016. Thank you for your support, together we can make a difference.
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Signature Giving Programs

loading... Community Financial prides itself on enhancing our communities. Through several signature annual charitable giving programs, we are able to partner with our members and our neighbors to lend a hand to local groups that help build stronger communities.
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Partnering With Schools

loading...At Community Financial we believe that educating our youth on financial topics determines the success of our future. We are proud to support every level of education throughout northern and southeast Michigan. From scholarships, to financial education presentations and student-run credit unions, we work to teach students the importance of good money habits and provide them with information that will last throughout their lifetime.
read more . . .

Community Outreach

loading... Community Financial team members are the heart of our credit union. They not only strive to provide our members with outstanding service, but also dedicate themselves to enhancing the communities in which they serve. Throughout the year Community Financial and its team members have donated both time and dollars to help build stronger communities. Through our “volunteer day with pay” our employees spend a day volunteering at a local non-profit such as local food pantries, Salvation Army, Gleaners Food Bank, Life Remodeled and many other non-profits that help build stronger communities.
read more . . .

2016: A Record Year in Review

Thanks to continued growth and strong member loyalty, 2016 was another outstanding year for Community Financial. We continued to see a strong increase in membership and again saw high member satisfaction ratings.

These factors led to very solid financial results, with all areas of credit union operations performing well in 2016. Net income for the year was $7,624,218 or a 1.04% return on assets. We expect to achieve a positive net income of $7.4 million in 2017 due in part to the benefits of operating in the current interest rate environment and stabilized loan losses.

Total assets grew to $766 million in 2016. Member deposits at year-end were $609 million. Total loans increased 10.33% to $710 million. Auto loans grew by more than 15% while commercial loans grew by over 38%.  Our members continued to take advantage of lower mortgage rates and we originated over $138 million in first mortgage loans. read more . . .

Some of the groups we’ve supported on behalf of our members:

Health/Wellness
American Heart Association
American Red Cross
Angela Hospice
Autism Speaks
Beaumont Foundation
Blum’s Landing
Children With Hair Loss
Fraternal Order of Police - Oakland County
Garland Charity Classic
Gaylord Lions Club
Lewiston 50 Plus Club
Michigan Human Trafficking Task Force
New Hope Center for Grief Support
Northeast MI Crime Stoppers
Otsego County Commission on Aging
Otsego Memorial Hospital
Personalized Nursing LIGHT House, Inc.
Plymouth-Canton Educational Park Honor Society
Plymouth Community United Way
Plymouth-Canton Special Olympic Stars
Relay For Life (Canton, Livonia, Novi/Northville, Otsego, Plymouth)
Scleroderma Foundation
Share a Smile
The Little Stars Foundation
Women Supporting Women Veterans
Education
Atlanta Community Schools
Canton Community Foundation
Canton Farmer’s Market
CFCU Scholarship Program
Clarenceville School Foundation
Detroit Cristo Rey High School
Gaylord High School Robotics Club
Junior Achievement of Southeastern Michigan
Livonia Franklin High School Mathematics Department
Livonia Public Schools Educational Foundation
New Morning School - Plymouth
Northville City Fire Department - Explorer Program
Northville Educational Foundation
Northville HS DECA Team
Novi Educational Foundation
Our Lady of Victory School in Northville
PCCS Educational Excellence Foundation
P-CEP National Honor Society -Bridgepointe
Plymouth-Canton Community Literacy Council
Schoolcraft College
Smith Elementary School Girl Scout Cluster
Environment
Albert Township
Brush Creek Mill - History Program
Hillman Sportsman Club
Otsego Conservation District
Sports/Play
Canton HS Wrestling Team
Girls on the Run of Greater Detroit
Johannesburg-Lewiston Athletics
Kona Running Group
Northville HS Boys Hockey
Northville HS Boys Lacrosse Boosters
Northville HS Drama Department
Northville HS Football Parent Association
Northville HS Women’s Lacrosse
Novi Athletic Boosters
Novi Jaguar Invitational
Salem HS Baseball Team
Salem Linebackers
The Plymouth Arts and Recreation Complex
Tonda Elementary Baseball League
Disabilities
Community Opportunity Center
ConnectUs
Fallen and Wounded Soldiers Fund
Michigan Adaptive Sports
Miracle League of Plymouth
Stiggy’s Dogs
Sunshine Skills and Drills Football Clinic
Wounded Warrior Project
Arts/Culture
ARTlanta
Canton Commission for Culture, Arts and History
Creative and Performing Arts Dance
Friends for the Development of Greenmead
Friends of the Northville Historical District
Friends of the Novi Library
Friends of the Penn Theatre
Giving Songs
Lewiston Moose Lodge
Otsego County Museum
Partnership for the Arts and Humanities
Plymouth Arts Council
Plymouth-Canton Music Boosters
Plymouth District Library
Plymouth Historical Museum
Plymouth Ice Festival
Plymouth Oratorio Society
WSDP Radio
Animal Welfare
Elk Country Animal Shelter
For the Love of Cats
Last Day Dog Rescue
Montmorency County 4H Council
Otsego County Fair
PAWS WITH A CAUSE
Providing for Paws
Tail Waggers
Financial Education
Amerman Elementary School
Atlanta Community Schools
Bentley Elementary School
Bird Elementary School
Canton Charter Academy
Discovery Middle School
Dodson Elementary School
East Middle School
Eriksson Elementary School
Farrand Elementary School
Field Elementary School
Gallimore Elementary School
Gaylord Community Schools
Gaylord St. Mary
Hillman Community Schools
Hillside Middle School
Hoben Elementary School
Hulsing Elementary School
Isbister Elementary School
Kennedy Elementary School
Lewiston Community School
Liberty Middle School
Meads Mill Middle School
Moraine Elementary School
New School High
Orchard Hills Elementary School
Pioneer Middle School
Plymouth Scholars Charter Academy
Plymouth-Canton Educational Park
Silver Springs Elementary School
Smith Elementary School
South Canton Scholars Charter Academy
Starkweather Academy
Thornton Creek Elementary School
Tonda Elementary School
West Middle School
Winchester Elementary School
Workman Elementary School
Disaster Relief
Fire/EMS Charity
Hillman Community Radio
Hillman EMS Service
Canton Firefighters
Plymouth Police Department
Novi Police Benevolent Association
Family/Children
Atlanta Chamber of Commerce
B.L.O.C.K. Youth and Teen Center
Boys and Girls Club of Alpena
Canton Leisure Services
Children’s Dyslexia Center of SE Michigan
Children’s Leukemia Foundation of Michigan
Community Foundation of Greater Flint
Community Mediation Services
C.S. Motts Children’s Hospital
Feed the Need Summer Lunch Program
First Step of Michigan
Foster Closet of Michigan
Good Morning USA Parade
Guardian Gals, Inc.
Lewiston Chamber of Commerce
Livonia Goodfellows
Livonia YMCA
NOAH (Networking, Organizing and Advocating for the Homeless)
Northville Boy Scouts
Northville Chamber of Commerce
Northville Parks and Rec
Novi Goodfellows
Novi Parks And Rec
Novi Youth Assistance
Otsego Child Welfare Alliance
Otsego County Library
Oxford Kids Foundation
Play Place for Autistic Children
Plymouth Family YMCA
Plymouth Rotary Club
Plymouth Township Parks and Rec
Plymouth United Way
Project Night Night
The TEARS Foundation of MI
Wives Behind the Badge MI Auxiliary
Women’s Giving Circle
Food/Shelter
Baby Basket
Blessings in a Backpack
Capuchin Soup Kitchen
Community Sharing of Lewiston
Food Bank of Eastern MI Backpack Lunch Program
Gleaners Community Food Bank
Habitat for Humanity
Northville Civic Concern
Novi Rotary Foundation Feed the Need
Open Door Ministry
Otsego County Food Pantry
PBJ Outreach
TEFAP Food Pantry
Other
Belleville Area Chamber of Commerce
Canton Chamber of Commerce
Canton Newcomers Club
Community Foundation of Plymouth
Crossroads Industries, Inc.
Gaylord Chamber of Commerce
Hillman Chamber of Commerce
Livonia Chamber of Commerce
Novi Chamber of Commerce
Plymouth Chamber of Commerce
Plymouth Kiwanis Club
Salvation Army
THAW

Some of the groups we’ve supported on behalf of our members:

Health/Wellness
American Heart Association
American Red Cross
Angela Hospice
Autism Speaks
Beaumont Foundation
Blum’s Landing
Children With Hair Loss
Fraternal Order of Police - Oakland County
Garland Charity Classic
Gaylord Lions Club
Lewiston 50 Plus Club
Michigan Human Trafficking Task Force
New Hope Center for Grief Support
Northeast MI Crime Stoppers
Otsego County Commission on Aging
Otsego Memorial Hospital
Personalized Nursing LIGHT House, Inc.
Plymouth-Canton Educational Park Honor Society
Plymouth Community United Way
Plymouth-Canton Special Olympic Stars
Relay For Life (Canton, Livonia, Novi/Northville, Otsego, Plymouth)
Scleroderma Foundation
Share a Smile
The Little Stars Foundation
Women Supporting Women Veterans
Education
Atlanta Community Schools
Canton Community Foundation
Canton Farmer’s Market
CFCU Scholarship Program
Clarenceville School Foundation
Detroit Cristo Rey High School
Gaylord High School Robotics Club
Junior Achievement of Southeastern Michigan
Livonia Franklin High School Mathematics Department
Livonia Public Schools Educational Foundation
New Morning School - Plymouth
Northville City Fire Department - Explorer Program
Northville Educational Foundation
Northville HS DECA Team
Novi Educational Foundation
Our Lady of Victory School in Northville
PCCS Educational Excellence Foundation
P-CEP National Honor Society -Bridgepointe
Plymouth-Canton Community Literacy Council
Schoolcraft College
Smith Elementary School Girl Scout Cluster
Environment
Albert Township
Brush Creek Mill - History Program
Hillman Sportsman Club
Otsego Conservation District
Sports/Play
Canton HS Wrestling Team
Girls on the Run of Greater Detroit
Johannesburg-Lewiston Athletics
Kona Running Group
Northville HS Boys Hockey
Northville HS Boys Lacrosse Boosters
Northville HS Drama Department
Northville HS Football Parent Association
Northville HS Women’s Lacrosse
Novi Athletic Boosters
Novi Jaguar Invitational
Salem HS Baseball Team
Salem Linebackers
The Plymouth Arts and Recreation Complex
Tonda Elementary Baseball League
Disabilities
Community Opportunity Center
ConnectUs
Fallen and Wounded Soldiers Fund
Michigan Adaptive Sports
Miracle League of Plymouth
Stiggy’s Dogs
Sunshine Skills and Drills Football Clinic
Wounded Warrior Project
Arts/Culture
ARTlanta
Canton Commission for Culture, Arts and History
Creative and Performing Arts Dance
Friends for the Development of Greenmead
Friends of the Northville Historical District
Friends of the Novi Library
Friends of the Penn Theatre
Giving Songs
Lewiston Moose Lodge
Otsego County Museum
Partnership for the Arts and Humanities
Plymouth Arts Council
Plymouth-Canton Music Boosters
Plymouth District Library
Plymouth Historical Museum
Plymouth Ice Festival
Plymouth Oratorio Society
WSDP Radio
Financial Education
Amerman Elementary School
Atlanta Community Schools
Bentley Elementary School
Bird Elementary School
Canton Charter Academy
Discovery Middle School
Dodson Elementary School
East Middle School
Eriksson Elementary School
Farrand Elementary School
Field Elementary School
Gallimore Elementary School
Gaylord Community Schools
Gaylord St. Mary
Hillman Community Schools
Hillside Middle School
Hoben Elementary School
Hulsing Elementary School
Isbister Elementary School
Kennedy Elementary School
Lewiston Community School
Liberty Middle School
Meads Mill Middle School
Moraine Elementary School
New School High
Orchard Hills Elementary School
Pioneer Middle School
Plymouth Scholars Charter Academy
Plymouth-Canton Educational Park
Silver Springs Elementary School
Smith Elementary School
South Canton Scholars Charter Academy
Starkweather Academy
Thornton Creek Elementary School
Tonda Elementary School
West Middle School
Winchester Elementary School
Workman Elementary School
Animal Welfare
Elk Country Animal Shelter
For the Love of Cats
Last Day Dog Rescue
Montmorency County 4H Council
Otsego County Fair
PAWS WITH A CAUSE
Providing for Paws
Tail Waggers
Disaster Relief
Fire/EMS Charity
Hillman Community Radio
Hillman EMS Service
Canton Firefighters
Plymouth Police Department
Novi Police Benevolent Association
Family/Children
Atlanta Chamber of Commerce
B.L.O.C.K. Youth and Teen Center
Boys and Girls Club of Alpena
Canton Leisure Services
Children’s Dyslexia Center of SE Michigan
Children’s Leukemia Foundation of Michigan
Community Foundation of Greater Flint
Community Mediation Services
C.S. Motts Children’s Hospital
Feed the Need Summer Lunch Program
First Step of Michigan
Foster Closet of Michigan
Good Morning USA Parade
Guardian Gals, Inc.
Lewiston Chamber of Commerce
Livonia Goodfellows
Livonia YMCA
NOAH (Networking, Organizing and Advocating for the Homeless)
Northville Boy Scouts
Northville Chamber of Commerce
Northville Parks and Rec
Novi Goodfellows
Novi Parks And Rec
Novi Youth Assistance
Otsego Child Welfare Alliance
Otsego County Library
Oxford Kids Foundation
Play Place for Autistic Children
Plymouth Family YMCA
Plymouth Rotary Club
Plymouth Township Parks and Rec
Plymouth United Way
Project Night Night
The TEARS Foundation of MI
Wives Behind the Badge MI Auxiliary
Women’s Giving Circle
Food/Shelter
Baby Basket
Blessings in a Backpack
Capuchin Soup Kitchen
Community Sharing of Lewiston
Food Bank of Eastern MI Backpack Lunch Program
Gleaners Community Food Bank
Habitat for Humanity
Northville Civic Concern
Novi Rotary Foundation Feed the Need
Open Door Ministry
Otsego County Food Pantry
PBJ Outreach
TEFAP Food Pantry
Other
Belleville Area Chamber of Commerce
Canton Chamber of Commerce
Canton Newcomers Club
Community Foundation of Plymouth
Crossroads Industries, Inc.
Gaylord Chamber of Commerce
Hillman Chamber of Commerce
Livonia Chamber of Commerce
Novi Chamber of Commerce
Plymouth Chamber of Commerce
Plymouth Kiwanis Club
Salvation Army
THAW