Community Choice Credit Union is experiencing a significant bump in just about everything these days. The Farmington Hills financial institution is adding members, deposits, staff, and new branches.
"We're in the process of opening one right now," says Philip Cooper, COO of Community Choice Credit Union
. "It should be ready in late November, early December."
The 79-year-old credit union likes to call its branches member centers. The newest one will open in Northville near Six Mile and Haggerty roads. It will employ seven full-time people.
Community Choice Credit Union is focused on serving the metro Detroit area. It has hired 30 people for a broad range of jobs over the last year, expanding its staff to 189 employees. It also has 20 open positions, some of which can be found here
The credit union has also grown its assets, which now total $17.3 million, up 3.5 percent since the beginning of the year. Cooper credits the increase in assets to his organization's additional membership.
"It was growth in membership and what the members have brought to us in deposits," Cooper says.
Community Choice Credit Union has eight branches across metro Detroit. The new branch in Northville will be its ninth location. The credit union plans to open a handful of branches each year for the next five years to keep up with its expansion plans and better serve its membership in the region.
"Our growth is really centered on the tri-county area," Cooper says.
Source: Philip Cooper, COO of Community Choice Credit Union
Writer: Jon Zemke
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