Best Reward Federal Credit Union is headquartered in Brook Park and is the 57th largest credit union in the state of Ohio. It is also the 1,429th largest credit union in the nation. It was established in 1949 and as of June of 2024, it had grown to 24 employees and 12,197 members at 3 locations. Best Reward Federal Credit Union's CD rates are 94% 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
Overall | |
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NCUA # | 24920 |
Year Chartered | 1949 |
Employees | 24 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.27% |
Return on Equity - YTD | 3.7% |
Annual Interest Income | $2.9MM |
Assets and Liabilities | ||
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Assets | Q2 2024vs Q2 2023 | $161.2MM$169.6MM |
Loans | Q2 2024vs Q2 2023 | $33.6MM$32.6MM |
Deposits | Q2 2024vs Q2 2023 | $120.8MM$129.5MM |
Equity Capital | Q2 2024vs Q2 2023 | $11.9MM$9.9MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $249K$44K |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $129K$92K |
Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
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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 |