Best Reward Federal Credit Union is headquartered in Brook Park and is the 53rd largest credit union in the state of Ohio. It is also the 1,383rd largest credit union in the nation. It was established in 1949 and as of June of 2023, it had grown to 21 employees and 12,797 members at 3 locations. Best Reward Federal Credit Union's CD rates are 67% higher than the national average, and it has a B+ health rating.
Membership in Best Reward Federal Credit Union is open persons who live, work (or regularly conduct business in), worship, or attend school in, and businesses and other legal entities in the Ohio counties of Cuyahoga, Geauga, Lake, Medina, Portage, or Summit. Immediate family and household members of anyone membership-eligible also qualify for membership.
See current membership details
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.
Overall | |
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NCUA # | 24920 |
Year Chartered | 1949 |
Employees | 21 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.2% |
Return on Equity - YTD | 3.5% |
Annual Interest Income | $2.6MM |
Assets and Liabilities | ||
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Assets | Q2 2023vs Q2 2022 | $169.6MM$170.7MM |
Loans | Q2 2023vs Q2 2022 | $32.6MM$27.9MM |
Deposits | Q2 2023vs Q2 2022 | $129.5MM$127.7MM |
Equity Capital | Q2 2023vs Q2 2022 | $9.9MM$9.8MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $44.00K$70.00K |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $92.00K$74.00K |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Best Reward Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.30% | $2.5k | - | Money Market Account |
Best Reward Federal Credit Union Locations | ||
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Branch Office | 21375 Alexander Rd | Walton Hills, OH 44146 |
Branch Office | 5681 Smith Rd | Brook Park, OH 44142 |
Branch Office | 390 Alpha Park | Highland Hts, OH 44143 |