Best Reward Federal Credit Union
Overview / Commentary
Best Reward Federal Credit Union is headquartered in Brook Park and is the 54th largest credit union in the state of Ohio. It is also the 1,387th largest credit union in the nation. It was established in 1949 and as of June of 2022, it had grown to 22 employees and 11,452 members at 3 locations. Best Reward Federal Credit Union has a B+ health rating.
Reviews (1)
Great Service
Posted by: HRUSSO | Mar 4, 2019
We went and spoke to representative Joe Shaft and he was so helpful. Very open and honest and answeree all of our questions and really took his time to provide great customer service.
Health
B+
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24920 |
| Year Chartered | 1949 |
| Employees | 22 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.1% |
| Return on Equity - YTD | -1.85% |
| Annual Interest Income | $1.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $170.7MM$177.9MM |
| Loans | Q2 2022vs Q2 2021 | $27.9MM$27.7MM |
| Deposits | Q2 2022vs Q2 2021 | $127.7MM$125.1MM |
| Equity Capital | Q2 2022vs Q2 2021 | $9.8MM$20.6MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $70.00K$86.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $74.00K$33.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |