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937-228-1614
338 S Patterson Blvd
Dayton, OH 45402-2845

Dayton Firefighters Credit Union is headquartered in Dayton and is the 95th largest credit union in the state of Ohio. It is also the 2,275th largest credit union in the nation. It was established in 1935 and as of March of 2014, it had grown to 7 employees and 3,879 members. Dayton Firefighters Credit Union's savings rates are 2X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Must live, work, worship or attend school in Montgomery County,Ohio. - See Details

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Health

Data for Q1 2014

Institution Health

B+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Dayton Firefighters Credit Union has a relatively low asset base.

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Dayton Firefighters Credit Union had $155,000 in non-current loans and owned real-estate with $5.01 million in equity and loan loss allowances on hand to cover it. This gives Dayton Firefighters Credit Union a Texas Ratio of 3.09% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Dayton Firefighters Credit Union decreased dramatically from 6.30% as of March 31, 2013 to 3.09% as of March 31, 2014, resulting in a positive change of 50.94%.This indicates that the balance sheet and financial strength for Dayton Firefighters Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Dayton Firefighters Credit Union has increased its total deposits by $4.85 million, resulting in 12.64% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Dayton Firefighters Credit Union has shown is excellent.

Capitalization

GRADE:
B

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Dayton Firefighters Credit Union has $51.01 million in assets with $5.01 million in equity, resulting in a capitalization level of 9.82%, which is above average.

Institution Statistics

Overall
NCUA #395
Year Chartered1935
Employees7
Primary Regulator
Assets and Liabilities
Assets$51.01 million
Loans$21.76 million
Deposits$43.23 million
Equity Capital$4.95 million
Loan Loss Allowance$58,000
Unbacked Noncurrent Loans$123,000
Real Estate Owned$32,000
Historic Data - March 2013
Assets$46.63 million
Equity Capital$4.75 million
Loan Loss Allowance$105,000
Unbacked Noncurrent Loans$123,000
Real Estate Owned$44,000
Profit Margin - Quarterly
Net Interest Margin1.2%
Return on Assets0.34%
Return on Equity3.47%
Interest Income$346,000
Rates

Always verify rates and promotions with the bank or credit union. We are not Dayton Firefighters Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Dayton Firefighters Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
1.11%$100k-IRA Savings Account
1.11%$100k-Roth IRA Savings Account
1.11%$100k-Coverdell Education Savings Account
0.44%$10k-Health Savings Account (HSA)
0.20%--Regular Share Savings Account

Dayton Firefighters Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.44%$100k-Money Market Account

Dayton Firefighters Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.50%$1k-Value Share Draft Checking Account

Dayton Firefighters Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
2.20%$2k-60 Month Money Market Share Certificate
1.90%$2k-48 Money Market Share Certificate
1.21%$2k-36 Month Money Market Share Certificate
1.01%$2k-24 Month Money Market Share Certificate
0.61%$2k-12 Month Money Market Share Certificate
0.56%$2k-6 Month Money Market Share Certificate

Dayton Firefighters Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
2.20%$2k-60 Month IRA Share Certificate
1.90%$2k-48 Month IRA Share Certificate
1.21%$2k-36 Month IRA Share Certificate
1.01%$2k-24 Month IRA Share Certificate
0.61%$2k-12 Month IRA Share Certificate
0.56%$2k-6 Month IRA Share Certificate
Locations


Dayton Firefighters Credit Union Locations
Branch Office338 S Patterson BlvdDayton, OH 45402-2845