Financials
Your Money is Safe, Sound and Invested in a God-Honoring Way
2010 was a good year financially for Christian Community Credit Union. The net income was $2.7 million and the shares held steady. Our loans were up 3.7% and our Net Equity increased to 9.47%. This means the Credit Union continues to be "Well-Capitalized". Liquidity is strong. This means the Credit Union is able to meet the borrowing needs of the members. While interest rates remain at historic lows, the Credit Union continues to pay aboveaverage dividends to members.
There are indications that the economy will gradually improve through 2011. We constantly monitor the economy and adjust our plans and programs whenever necessary to protect our members' deposits and provide them lowcost loans.
What makes the Credit Union different?
- Ample Liquidity
- No Sub-Prime Lending
- Careful Loan Underwriting
- Low Delinquency
- Broad Private Insurance
- Strong Dividends
- Great Loan Rates and Low Fees
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. Recently, we've increased the rates on our certificates. Most importantly, your money is invested in a God-honoring way.
Call us at 800.347.CCCU (2228) for more information.
+ Read our 2011 Financials
+ Read our 2010 Financials
+ 2009 Financial Report
+ View facts about your insured funds
+ Read article "Christian Financial World Sees Silver Lining in Banking Mess" from "Christianity Today" magazine