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Credit Union Changes It’s Name, Expands Field of Membership

Effective April 4, Central Macomb Community Credit Union will change to FreeStar Financial Credit Union to better align with its new field of membership, which now encompasses 10 counties in Southeast Michigan and all military members throughout Michigan.
“Over the past year we have interviewed our membership and the community, and researched the markets we serve to ensure the chosen name was a good fit for all,” said Drema Isaac, President and CEO since 2002. “We sought to find a strong name that was non-geographically based; one that would carry us through many years to come. After a lot of deliberations, FreeStar Financial was born, with our symbol being an iconic and meaningful star. The star is a symbol of navigation and speaks to the financial guidance we provide. The star is also a salute to our military roots and for the freedom and bravery of our military members. We want our members to reach for the stars and allow us to “Take Your Dreams Higher.”
The credit union established its roots in 1957 as a small, one branch credit union, located on Selfridge ANGB serving military members. Throughout the 59 years in operation, the credit union has grown and with each milestone, a need to change our name to better fit those we serve arose. Our last major milestone was in 1999 when we opened our field of membership to additional cities in Macomb County and the name was changed to Central Macomb Community Credit Union. “We have been successfully serving Macomb County for the past 17 years and have become known as Macomb’s premier military credit union,” added Isaac, who participates on the Macomb County Military Affairs Committee member.
The credit union’s new field of membership includes all those who live, work, worship or are educated in Genesee, Lapeer, Lenawee, Livingston, Macomb, Monroe, Oakland, St. Clair, Washtenaw, and Wayne counties, and military throughout Michigan.
FreeStar Financial Credit Union has four branches currently in Macomb County and will look for expansion opportunities over the next few years. The credit union was founded in 1957 and has assets of $180 million.
“We welcome visitors to stop in our branches during April and take advantage of special pricing on loans and Certificates of Deposit,” added Isaac.
For more information, contact Paula Rose at 586-466-7800 x123 or at prose@freestarfinancial.com.