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Cornerstone Community Financial Mission Statement
We are committed to being a leading community-focused credit union that is the cornerstone to helping members achieve their financial goals.
Historical Overview
In 1951, a group of employees from the Chrysler Corporation’s parts division obtained Chrysler’s permission to start a credit union for their employees. With Chrysler’s sponsorship, they sought federal approval to start Mo-Par Federal Credit Union. The first month total income of $1.18 was earned in the credit union’s first “office,” located at the desk of one of the founding members. In May 1961, the credit union changed its name to Motor Parts Federal Credit Union (MPFCU), and the Chrysler Center Line, Mich. plant employees and their families were added to its field of membership. Shortly after, a permanent branch was built on Bernice in Center Line, followed by branches in Perrysburg, Ohio and Detroit, Mich. Since 1994, the main office has been located in Auburn Hills, one of southeast Michigan's fastest-growing business communities.
After being approved for a community charter in October 2003, MPFCU officially changed its name to Cornerstone Community Financial (CCF) in April 2004 to better reflect its new membership base.
Today Cornerstone Community Financial is a progressive full-service financial institution still owned and operated by its members. To help members reach their personal financial goals, the federal credit union offers financial products and services ranging from share certificates to Visa® credit cards to online banking. While we are proud to deliver today's sophisticated technology, we've kept our pledge never to forget the exceptional personal service our members deserve at all times.
Credit Union Information
If you would like more information on credit unions and the benefits of credit union membership, please contact the Michigan Credit Union League at www.mcul.org or the Ohio Credit Union League at www.ohiocul.org. These sites also provide a credit union finder and list of fee-free ATM locations.
The Credit Union National Association provides helpful credit union information on a national level. Visit www.cuna.org to learn more.
Cornerstone Community Financial Board of Directors
Timothy McGlinchey, Vice Chairman
Richard Mackie, Treasurer
Ron Taylor, Secretary
Jerry Christofferson, Director, Membership Officer, CTC Liaison
Victor Randolph, Director, Security Officer
Lou Magnatta, Supervisory Committee
Cornerstone Community Financial Executive Management Team
Heidi Kassab, President/Chief Executive Officer
Robin Johnson, Executive Vice President
Mary Pittenger, Vice President of Lending
To view a copy of the CCF annual report, please click here. Top
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