Winter 2015

A Message from CEO Bill Lawton - What Are Your Goals This New Year?

Bill Lawton
The beginning of a new year is always a good time to reflect on our personal goals. It gives us a chance to evaluate our achievements of the past year and establish objectives for the new one.

It has been a successful year for Community Financial. We opened three new branches this year in Livonia, Atlanta and Gaylord. Our membership grew over 7% and we were able to help members achieve their dreams by providing almost $250 million in new loans.

Looking to Get Financially Fit in 2015?

If managing your outstanding debt is a top priority for you in 2015, it may help to know that you’re not alone. Statistics from the Federal Reserve show the average household credit card debt stands at $15,608.

Debt can come from many sources including student loans, healthcare expenses, car payments and credit card purchases.

Warming Hearts, One Home at a Time

After receiving countless Likes, Tweets, and Instagram pictures, we’ve brought our third season of the Warming Hearts & Homes charitable campaign to a close. Through this campaign, four different organizations that provide heat, food, shelter and clothing to families around Michigan were each given a $10,000 donation.

IRAs and the Game of Retirement

In the game of investing for retirement, the first door you'll have to open is marked IRA. IRAs are very common retirement investment accounts that help manage the impact of taxes on your investments. Because taxes can take a big chunk out of your savings, IRAs come in handy. We look behind the doors of the two most common IRA types, so you won't be surprised when it's your turn to walk through.
Southeast Michigan: Canton Livonia Northville Novi Plymouth
Northern Michigan: Atlanta Gaylord Hillman Lewiston
Community Financial Credit Union, P.O. Box 8050, Plymouth, Michigan 48170-8050;
© Community Financial 2013
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Equal Housing Lender
Additional coverage provided by ESI.
Federally insured by NCUA.