Our Mission Statement
Making financial success a reality through innovation.
The Cornerstone Story
From the beginning, we were a community. In 1951, a group of employees from the Chrysler Corporation's parts division banded together to start a credit union for their employees: Mo-Par Federal Credit Union. In May 1961, that growing credit union changed its name to Motor Parts Federal Credit Union (MPFCU), and soon had permanent branches in Center Line, MI and Perrysburg, OH.
The headquarters moved to Auburn Hills, MI in 1994. MPFCU officially changed its name to Cornerstone Community Financial in April 2004 – because we were no longer just a community of auto workers. Cornerstone has since opened four additional Michigan branches; one branch located in Troy, one branch located in Royal Oak and the most recent branch in Sterling Heights.
Today, Cornerstone Community Financial is still owned and operated by its members. And we still look out for each other, just like that original band of auto workers. We’re in your corner, giving you the resources you need to reach goals, care for your family, and live the life you want to live. These resources include a wide range of progressive financial products and services, from share certificates and Visa® credit cards to competitive lending options.
Cornerstone is also keeping up with the latest in banking technology, offering secure services like online and mobile banking, as well as innovative deposit products like Choice Reward Checking Accounts. We see technology as just one more path to our constant goal: providing the exceptional personal service our members expect and deserve.