Construction logo

Construction

4.1/5

Construction Federal Credit Union is a Michigan-based credit union serving members of the construction industry with deposit accounts, loans, and financial services.

Data compiled from public sources · Rating from CreditDoc methodology

Construction Review

Construction Federal Credit Union operates as a member-owned financial institution headquartered in Michigan, with its 51st Annual Meeting scheduled for June 3rd, 2026 at the Construction Association of Michigan in Bloomfield Hills. The credit union was established to serve the financial needs of construction industry professionals and related members. The organization offers a comprehensive suite of financial products including checking and savings accounts, mortgages, auto loans, personal loans, home equity lines of credit, boat loans, and VISA credit cards.

They provide digital banking capabilities, shared branching access for convenience, and accessibility features on their website. Construction Federal Credit Union distinguishes itself through industry-specific membership targeting construction workers and professionals, partnerships with the Construction Association of Michigan and Home Builders Association, and competitive loan rates advertised on their homepage. The credit union appears to be a legitimate, established institution with multiple decades of operation.

The dated website content and navigation issues suggest the organization may benefit from modernization of their digital presence.

Services & Features

Auto loans
Boat loans
Checking accounts
Digital banking/e-statements
Home equity lines of credit
Loan pre-approval and applications
Lost/stolen credit card replacement
Mortgages (30-year fixed)
Personal/signature loans
Savings accounts
Shared branch access
VISA credit cards

Feature Checklist

Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection

Pros & Cons

Pros

  • Offers competitive auto loan rates starting at 5.25% APR
  • 30-year mortgage products available with rates as low as 6.58% APR
  • Provides home equity lines of credit at 8.50% APR or better
  • Access to shared branch network for member convenience
  • VISA credit card products with rewards potential at 6.87% APR
  • Member-owned credit union structure typically offers better rates than traditional banks
  • Dedicated support for lost/stolen credit cards with 24/7 hotline (1-800-237-6211)

Cons

  • Website contains multiple broken links and 404 errors preventing access to credit card and location information
  • Blog content is outdated (last update April 2019), suggesting inactive digital communication
  • Limited transparency on membership eligibility requirements and membership restrictions
  • Unclear current branch locations and hours due to non-functional website navigation
  • No visible information about online account opening or digital onboarding process

Rating Breakdown

Value
5.0
Effectiveness
3.7
Customer Service
3.9
Transparency
4.0
Ease of Use
4.2

Frequently Asked Questions

Is Construction legitimate?

Yes. Construction is a registered company, headquartered in ,, founded in 1974.

How long does Construction take to show results?

Membership approval and account opening typically takes 1-3 business days. Loan decisions are usually faster than traditional banks.

Quick Facts

Founded
1974
Headquarters
,
BBB Accredited
No
Certifications
NCUA Insured Charter #21798
Starting Price
Contact provider
Setup Fee
None
Money-Back Guarantee
No
Visit Construction

CreditDoc Diagnosis

Doctor's Verdict on Construction

Construction Federal Credit Union is best for construction industry members in Michigan seeking competitive loan rates and traditional credit union benefits. Primary caveat: the website is significantly outdated with broken navigation, limiting ability to verify current services, locations, and membership requirements before joining.

CFPB Transparency Report

Public data from the Consumer Financial Protection Bureau

Issues Resolved
100%

Source: consumerfinance.gov | Last checked 2026-05-14

Best For

  • Construction industry professionals seeking industry-specific financial services
  • Michigan residents near Bloomfield Hills seeking local credit union membership
  • Borrowers interested in competitive mortgage and auto loan rates
  • Members of construction trade associations eligible for credit union membership
Updated 2026-05-14

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