Great Lakes CU (OH)

624 W. South Boundary
Perrysburg, OH 43551
1-800-442-3488
www.glcu.com

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Great Lakes CU (OH) is headquartered in Sylvania and is the 140^th largest credit union in the state of Ohio. It is also the 3,128^th largest credit union in the nation. It was established in 1940 and as of December of 2011, it had grown to 11 employees and 3,861 members. Great Lakes CU (OH) has a 4-star health rating.

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See Rates for: Checking | Savings | CD | IRA

Great Lakes CU (OH) Checking Account Rates

	Apy	Min	Max	Product
	0.01%	$1k	-	Share Draft

Great Lakes CU (OH) Savings Account Rates

Apy	Min	Max	Product
0.05%	-	-	Master IRA
0.05%	-	-	Youth Account
0.04%	$50k	$100k	Share Management
0.01%	-	-	Primary Share
0.01%	-	-	Christmas Club
0.01%	-	-	Special Club

Great Lakes CU (OH) CD Rates

Apy	Min	Max	Product
0.90%	-	-	60 Month Share Certificate
0.50%	-	-	48 Month Share Certificate
0.35%	-	-	36 Month Share Certificate
0.25%	-	-	30 Month Share Certificate
0.20%	-	-	24 Month Share Certificate
0.15%	-	-	12 Month Share Certificate
0.15%	-	-	18 Month Share Certificate
0.05%	-	-	6 Month Share Certificate
0.03%	-	-	3 Month Share Certificate

Great Lakes CU (OH) IRA Rates

Apy	Min	Max	Product
0.95%	-	-	60 Month IRA Share Certificate
0.55%	-	-	48 Month IRA Share Certificate
0.40%	-	-	36 Month IRA Share Certificate
0.30%	-	-	30 Month IRA Share Certificate
0.25%	-	-	24 Month IRA Share Certificate
0.20%	-	-	12 Month IRA Share Certificate
0.20%	-	-	18 Month IRA Share Certificate
0.10%	-	-	6 Month IRA Share Certificate
0.08%	-	-	3 Month IRA Share Certificate

Rates updated: 5/24/2012

Data for Q4 2011

Institution Statistics

GREAT LAKES
NCUA #	68243
BankRate Report	View
Year Chartered	1940
Employees	11
Primary Regulator
Assets and Liabilities
Assets	$26.24 million
Loans	$13.87 million
Deposits	$23.14 million
Equity Capital	$3.04 million
Loan Loss Allowance	$300,000
Historic Data - December 2010
Assets	$27.24 million
Equity Capital	$2.79 million
Loan Loss Allowance	$388,000
Unbacked Noncurrent Loans	$291,000
Profit Margin - Quarterly
Net Interest Margin	7.82%
Return on Assets	0.21%
Return on Equity	1.78%
Interest Income	$1.40 million
Non-Interest Income	$301,000

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Great Lakes CU (OH) had $0 in non-current loans and owned real-estate with $3.34 million in equity and loan loss allowances on hand to cover it. This gives Great Lakes CU (OH) a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Deposit Growth
In the past year, Great Lakes CU (OH) has decreased its total deposits by -$1.25 million, resulting in -5.12% 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 Great Lakes CU (OH) has shown is poor.
Capitalization
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. Great Lakes CU (OH) has $26.24 million in assets with $3.34 million in equity, resulting in a capitalization level of 12.72%, which is excellent.

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