Overview / Commentary
Champion Credit Union (OH) is headquartered in Toledo and is the 94th largest credit union in the state of Ohio. It is also the 2,255th largest credit union in the nation. It was established in 1942 and as of December of 2019, it had grown to 17 employees and 6,339 members at 3 locations. Champion Credit Union (OH) has a B+ health rating.
Field of Membership Restrictions
Champion CU of Ohio is open to the residents, people that maintain employment, anyone that attends church, and the registered students in Lucas County, Ohio as well as the employees of the site listed CU-affiliated SEG's, family members, and the household occupants of CU members.
See current membership details
Health
B+
Data as of Q4 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Champion Credit Union (OH) has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 63100 |
| Year Chartered | 1942 |
| Employees | 17 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.28% |
| Return on Equity - YTD | 2.25% |
| Annual Interest Income | $1.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $54.1MM$53.9MM |
| Loans | Q4 2019vs Q4 2018 | $24.1MM$26.7MM |
| Deposits | Q4 2019vs Q4 2018 | $46.4MM$46.2MM |
| Equity Capital | Q4 2019vs Q4 2018 | $6.6MM$6.6MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $163.00K$160.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $189.00K$346.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |