Christian Community Credit Union

Christian Community Credit Union (the Credit Union) offers a full range of banking services to its members, both retail and ministry. As of 12/31/23, our members had $737,800,762 on deposit in insured accounts in the Credit Union. The Credit Union had $94,867,374 in savings accounts, $231,529,764 in checking accounts, $190,395,107 in money market, and $221,008,517 in certificates of deposit and iras. The cost of funds at year-end on these accounts was 1.16%. The Credit Union began the year with 29,379 members and ended the year with 30,732 members for an increase of 1,353. The Credit Union had 28,643 in individual accounts and 2,089 in ministry & business accounts at year-end.

Christian Community Credit Union's (the Credit Union) field of membership includes many churches and ministries. The Credit Union provides loans to these members to buy, build, or renovate real property at rates and terms not available to them through banks or other financial institutions. The largest portion of our ministry loan portfolio is made up of first trust deed loans. The Credit Union had $297,424,551 in outstanding first trust deed loans to churches and ministries as of 12/31/23. They represent 42% of our loan portfolio and 35% of our total assets. The yield on these loans was 4.14%.

Christian Community Credit Union (the Credit Union) exists to provide loans to its members at rates and terms not available to our field of membership through banks or other financial institutions. The largest portion of our retail loan portfolio is made up of first trust deed loans. The Credit Union had $268,815,983 in retail first trust deed loans as of 12/31/23. They represent 38% of our loan portfolio and 32% of our total assets. The average yield on these loans was 3.38%.

Credit Union consumer lending: the Credit Union has $55,256,877 in vehicles loans, $22,805,014 in Credit card accounts and $3,609,382 in student loans.