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Overview / Commentary
8770 N State Route 66
Defiance, OH 43512-8254

Midwest Community Credit Union is headquartered in Defiance and is the 44th largest credit union in the state of Ohio. It is also the 1,210st largest credit union in the nation. It was established in 1954 and as of March of 2014, it had grown to 38 employees and 12,836 members. Midwest Community Credit Union has a A health rating.

Field of Membership Restrictions

If you live, work, attend or go to school, or worship in Defiance, Henry, Fulton, Paulding, Williams, and the northern two-thirds of Putnam county in Ohio. - See Details

Reviews (1)


Midwest Community is a place that you can always count on. They have services to fit every type of life style and offer all of the services that you would expect from a financial institution. The workers are personable and make sure that you have been fully helped before you get on your way.
In keeping with community needs they offer longer hours on some days as well as opening early and have the drive thru open on the weekend days for a few hours. This place is truly built with the needs of its' members in mind. Everyone is extremely friendly and always going out of their way to make sure all avenues are searched out to satisfy the needs of all customers coming through the door. Midwest Community is more like a club than a banking institution.


Data for Q1 2014

Institution Health


Texas Ratio


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 Midwest Community Credit Union had $284,000 in non-current loans and owned real-estate with $13.74 million in equity and loan loss allowances on hand to cover it. This gives Midwest Community Credit Union a Texas Ratio of 2.07% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Midwest Community Credit Union decreased dramatically from 4.96% as of March 31, 2013 to 2.07% as of March 31, 2014, resulting in a positive change of 58.34%.This indicates that the balance sheet and financial strength for Midwest Community Credit Union has improved dramatically in recent periods.

Deposit Growth


In the past year, Midwest Community Credit Union has increased its total deposits by $907,000, resulting in 0.72% 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 Midwest Community Credit Union has shown is above average.



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. Midwest Community Credit Union has $140.49 million in assets with $13.74 million in equity, resulting in a capitalization level of 9.78%, which is above average.

Institution Statistics

NCUA #9522
Year Chartered1954
Primary Regulator
Assets and Liabilities
Assets$140.49 million
Loans$69.22 million
Deposits$126.91 million
Equity Capital$13.23 million
Loan Loss Allowance$509,000
Unbacked Noncurrent Loans$252,000
Real Estate Owned$32,000
Historic Data - March 2013
Assets$139.61 million
Equity Capital$13.31 million
Loan Loss Allowance$672,000
Unbacked Noncurrent Loans$252,000
Real Estate Owned$65,000
Profit Margin - Quarterly
Net Interest Margin1.21%
Return on Assets-0.01%
Return on Equity-0.06%
Interest Income$999,000

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

Midwest Community Credit Union Savings Account Rates

0.05%$25-Share (Savings) Account
0.05%--Christmas Club
0.05%--Vacation Club
0.05%--Health Savings Account
0.05%--Miscellaneous Savings Account

Midwest Community Credit Union Money Market Rates

0.22%$100k-PEAK Money Market
0.20%$100k-Money Market Account
0.20%$100k-IRA Money Market
0.20%$100k-Roth IRA Money Market

Midwest Community Credit Union Checking Account Rates

0.15%$50k-PEAK Checking
0.10%$100k-Advantage Checking
0.10%$100k-Advantage Business Checking

Midwest Community Credit Union CD Rates

2.17%$90k-60 Month CD
1.77%$90k-48 Month CD
0.80%$90k-36 Month CD
0.60%$90k-24 Month CD
0.55%$90k-18 Month CD
0.40%$90k-12 Month CD
0.30%$90k-6 Month CD
0.25%$90k-3 Month CD

Midwest Community Credit Union IRA Rates

2.17%$90k-60 Month IRA
1.77%$90k-48 Month IRA
0.80%$90k-36 Month IRA
0.60%$90k-24 Month IRA
0.55%$90k-18 Month IRA
0.40%$90k-12 Month IRA
0.30%$90k-6 Month IRA
0.25%$90k-3 Month IRA

Midwest Community Credit Union Locations
Branch Office1481 Deerwood DrDefiance, OH 43512-6738
Branch Office1429 Scott StNapoleon, OH 43545-1073
Branch Office8770 N State Route 66Defiance, OH 43512-8254
Branch Office1429 Scott StNapoleon, OH 43545-1073