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Please Join Us in Opposing this IRS Proposal
Our members live busy lives, and it has become even more essential that we offer convenient products and services that meet them right where they are. With our core values as our guiding light and anchor, we are working  to move forward to disrupt many of our current processes and make lasting change that will produce a better member experience for you. Like many businesses, CFCU has been evaluating our online and mobile services as well as determining how we can make more in-branch services available virtually online. I am excited to share with you many of the changes that you will see over the next six months.
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Getting rid of unwanted debt is a goal for a lot of people. If you are dealing with high-interest debt, especially from credit cards, a Debt Shed Loan could help you lower your debt faster while saving you money on interest each month.

CEO Corner

Christian Financial is full steam ahead on our 2021 digital transformation journey. Our staff is working diligently to bring our members innovative and secure digital experiences. These digital upgrades will transform the way our members make purchases, use online and mobile banking, and interact with us for routine banking needs – creating a more convenient experience.

Woman using laptop to gamble

Opportunities to gamble in Michigan have increased this year with the opening of online sports betting and online gambling, launched in January. It has become simple, fast, and easy to pull money out of a bank account or add debt to a credit card only to lose it within minutes. Although online betting and gambling can be a fun activity, it is important to know the risks of online gambling.

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See what's happening at Christian Financial Credit Union this quarter.

CEO Corner
As I reflect over the one-year anniversary of the coronavirus pandemic, I am filled with feelings of gratitude, accomplishment, and a drive for digital improvement.
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This year’s Annual Meeting will be held on Thursday, April 22, 2021 at 6:00 pm. The meeting will be held virtually, please register to obtain the link to join the meeting. 
Economic Impact Payments
Information about the most recent Economic Impact Payments
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If you received interest on one of your accounts in 2020, you could get a 1099-INT form.

CEO Corner
Happy New Year to all of our Christian Financial members! What a year 2020 has been. As we wind down from the roller coaster of the past year, we hope you and your families are safe and healthy and are looking forward to a new year full of opportunities.
Couple talking in kitchen
Here are some tips on how to avoid becoming a victim. If someone sends you money and asks you to send it out to someone else on their behalf – STOP! By participating in the transaction, you could become what law enforcement calls a ‘money mule’. Money mules are used by scammers to launder stolen money.

Ensure your direct deposit information is correct to avoid delays

To ensure prompt direct deposit of any stimulus payments or tax refunds, make sure you're following these important steps.
1. When entering the electronic check information for your tax refund or stimulus payment, ensure you are using your full savings or checking account number, not your member number.
You can find your full account number on your Electronic Statements inside Online Banking.

2. Make sure you're using the Christian Financial routing number, which is 272484289. NOTE: Former Motor City Co-op Credit Union members that filed taxes in 2019 with the Motor City routing and transit number should receive any stimulus deposits normally and will not need to change anything in order to receive them. The next time you file taxes, please update your routing number to Christian Financial's routing number.

3. Your refund should only be deposited into accounts that are in your own name; your spouse's name or both if it's a joint account. This means that the name on the IRS direct deposit received at Christian Financial Credit Union must match the name(s) on the account.

4. Specify correctly whether the Christian Financial account receiving the funds is a checking account or savings account.

5. Ready to check whether you received your economic stimulus payment or tax refund? You can confirm if you received the economic stimulus payment or whether the payment will arrive via check or electronically on the IRS website here. You can confirm the status of your tax refund on the IRS' "Where's my refund" tool.

If you have any questions, please contact us by sending us a secure message inside of Online Banking.
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Digital Services are Available!

CEO Corner
In our 70th year of helping members achieve their financial goals, I am happy to announce the merger and data conversion with Motor City Co-op Credit Union has been successfully completed. Christian Financial is now more than 61,000 members strong with nearly  $700 million in assets.
A report by the Department of Insurance and Financial Services states,  “An alert issued by the U.S. Secret Service explained an international crime ring is exploiting the COVID-19 crisis by committing large-scale fraud against multiple state unemployment insurance programs, with potential losses in the hundreds of millions of dollars.”
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Calling all 2020 College Graduates!
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Looking to update your direct deposit information with the IRS to receive your Economic Impact Payment? 
Woman on Laptop

When times are tough and a large number of consumers are struggling, con artists see this as an opportunity to take advantage of consumer’s fears. The best weapons against these scams are consumer awareness and education. 

CEO Corner

On behalf of Christian Financial Credit Union, I’d like to take the opportunity to welcome each Motor City Co-Op Credit Union member as part of our own membership. We are thrilled to have you with us!

Letter from CEO
Your Money is Safe and Secure
Dark Wood Text A Letter From the CEO

Branch Lobby Services Temporarily Suspended

A Special Note from our CEO regarding COVID-19

Coronavirus (COVID-19) | CFCU Preparedness

CEO CORNER: Striving for Financial Success in 2020
The year 2020 marks 70 fruitful years of helping our members achieve their financial goals. Whether that is helping improve finances, getting out of debt, or obtaining a loan for your first car or home, Christian Financial has been here to help. It’s been our privilege to serve our members and we hope to continue to do so for another 70 years.
CEO Corner
Last month Christian Financial opened its doors to welcome employees at our new headquarters in Sterling Heights. The last few weeks have been filled with anticipation and enthusiasm as staff members explore their new surroundings and settle into their new working spaces. Having our back office operations under one roof is a special treat, as previous space constraints kept our operations separated amongst several branches.
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Credit Unions were forged from the crucible of hard times - aiding people with crop failures in Europe, offering immigrant mill workers in New England a better life, and keeping families afloat during the Great Depression. Those are the strands of credit union DNA and the origins of the credit union philosophy of people helping people.
Girl sitting online shopping
No one knows your purchases better than you! This is why Visa has provided a proactive way to ensure that you are aware of all charges made against your Visa Debit and Credit cards without having to log into Online Banking or our Mobile Banking App.
CEO Corner
Looking over our credit union’s 68-year history, there has never been a more exciting time to be a member. Our largest project to date is our new headquarters building located in Sterling Heights. This past summer, structural steel beams went up for a sound and stable frame. On October 19, 2018, Christian Financial made their mark on the final structural beam placement to complete the frame of the building. These are the words I chose from the Book of Proverbs to write on the last beam:
CEO Corner: Remembering a Friend and Colleague

It is with great sadness that I write that Board Member Jim SheredaJames Joseph (Jim) Shereda Sr., died peacefully December 11 surrounded by the love of his family. Jim joined the board of Christian Financial upon the merger of ARC Credit Union with Christian Financial in the Fall of 2013 and was currently serving as the Vice Chair of the CFCU Board.

CEO Corner: Protecting Your Data
At Christian Financial, we believe protecting the privacy and security of our member’s accounts is one of our most important responsibilities.
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On May 29, 2018, Christian Financial held our ceremonial blessing and groundbreaking ceremony on the site of our new 40,000 square foot new headquarters.
New Rules for Mobile Check Deposit
Recent regulatory changes have made it necessary to adjust how you endorse checks deposited through our mobile app.