Financials
2011 Financial Performance
• Christian Community Credit Union ended the year with over $521 million in assets.
• Net equity rose to 10.14%.
• Net income for the year was $3,730,470.
• The Credit Union has $452 million in loans. 90% of these loans are collateralized by Real Estate.
• Liquidity of $55 million is ample liquidity to serve members’ borrowing needs.
• While interest rates remain at historic lows, the Credit Union continues to pay above-average dividends to members.
• The Credit Union is insured by American Share Insurance up to $250,000 per account.
• Board, Management and Staff are experienced and dedicated.
At Christian Community Credit Union, your money is safe, sound and working for God's Kingdom.
We're a member-owned cooperative
The Credit Union is a member-owned, not-for-profit financial cooperative. We exist to serve our members - not profit from them. And because the Credit Union does not issue stocks, our value does not depend on the rise or fall of the stock market.
A safe place for savings
The account insurance coverage at the Credit Union is higher than at most banks. Each account in the Credit Union is privately insured up to $250,000 by American Share Insurance. Your money is safe.
At Christian Community Credit Union, we have a strong capital base. Though it is a tough time for other financial institutions, we are posting positive earnings. We have low loan losses and we pay good rates. Most importantly, your money is invested in a God-honoring way.
Call us at 800.347.CCCU (2228) for more information.
+ Read our 2011 Annual Report
+ View facts about your insured funds
+ Read article "Christian Financial World Sees Silver Lining in Banking Mess" from "Christianity Today" magazine