Credit union · NCUA insured
Construction Federal Credit Union
Top CarrotA $33.7M credit union headquartered in Bingham Farms, MI, with 1,173 members and 1 branch in Michigan. Best rates: CDs 4.00% and savings 0.10% APY.
Construction Federal Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 91% of U.S. banks and credit unions
#11 of 75 in Detroit, MI metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Construction Federal Credit Union
Founded and chartered in September 1974, Construction Federal Credit Union was established to serve members of the Construction Association of Michigan and their families.
Members are part-owners of the not-for-profit credit union, where member assets are pooled to provide financial services.
- Headquarters
- 30400 Telegraph Rd Ste 122, Bingham Office Park, Bingham Farms, MI 48025
- NCUA charter
- 21798
Branches
1 branch in Michigan
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Michigan
1 branch
- Main officeMain office30400 Telegraph Rd Ste 122, Bingham Office Park, Bingham Farms, MI 48025Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 13.57% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 5.71% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.45% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $77 | $59 | — |
- CapitalNet worth ratio13.57%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late5.71%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.45%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$77Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Construction Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.