Cinfed Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.00% | Reward Checking | |
| 1.00% | Reward Savings | 0.93% - National Average |
| 3.10% | 5-year CD |
Cinfed Federal Credit Union is headquartered in Cincinnati and is the 12th largest credit union in the state of Ohio. It is also the 611th largest credit union in the nation. It was established in 1975 and as of June of 2018, it had grown to 106 employees and 35,688 members at 8 locations. Cinfed Federal Credit Union's money market rates are 3X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, attends school in or regularly conduct business in Hamilton, Kenton, Campbell and Boone Counties.
See current membership details
Related Posts
Good online banking
I have been a member of this credit union for years and am very satisfied with their service. I do the vast majority of my banking online and I find their website to be very easy to use and helpful. My only complaint is the few number of locations this credit union has. I wish there was more locations for the few times I need to go to the bank for something I can't do online.
Declining Convenience And Service
CINFED has very reasonable terms and a minimum of fees. When you can reach a staff member, they are generally very helpful. For that reason, I gave an overall rating of 3. However, after more than 25 years, I am moving my banking elsewhere to reduce frustration and inconvenience.
CINFED had previously been a member of the PNC ATM network, which offered numerous transaction opportunities throughout Ohio and other states plus DC. Many were drive-through and most (if not all) permitted deposits to be made as well as cash withdrawals. Recently, CINFED moved to the Allpoint network. None of the ATMs in that network that I've found permitted deposits and none were drive-through. Instead, I would have to go to a gas station, restaurant, drugstore, etc. that meant an extra stop in my day.
Additionally, all recent calls to CINFED involved inordinate wait times. You can save your place in line by leaving your number and get a callback but that generally has been more than 30 minutes later and only works if you are doing nothing else at the time.
I also do not find their monthly statements to be user friendly. The format includes extraneous information with online payments that makes finding things more difficult than need be.
If you work at a location that has a CINFED office and do not travel much, this might be a good choice for you. However, retirees and people whose whole family use CINFED may find their current method of operation too limiting.
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 21930 |
| Year Chartered | 1975 |
| Employees | 106 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.1% |
| Return on Equity - YTD | 10.09% |
| Annual Interest Income | $8.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $443.7MM$407.2MM |
| Loans | Q2 2018vs Q2 2017 | $350.0MM$320.3MM |
| Deposits | Q2 2018vs Q2 2017 | $359.2MM$335.9MM |
| Equity Capital | Q2 2018vs Q2 2017 | $47.8MM$43.9MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $3.7MM$3.4MM |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $3.6MM$3.4MM |
| Real Estate Owned | Q2 2018vs Q2 2017 | $310.00K$140.00K |
Always verify rates and promotions with the bank or credit union. We are not Cinfed Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Cinfed Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.00%* | - | $20k | Kasasa Saver | ||
| OTHER TIERS: 0.50% → $20k+ | |||||
| 0.50% | - | - | IRA Passbook | ||
| 0.50% | - | - | Health Savings Account (HSA) | ||
| 0.05% | - | - | Main Share | ||
| 0.05% | - | - | Christmas Club | ||
| 0.05% | - | - | Go Account | ||
Cinfed Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.20%* | $100k* | - | Super Share | ||
| OTHER TIERS: 0.80% → Up to $50k | 1.00% → $50k - $100k | |||||
Cinfed Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.00%* | - | $20k | Kasasa Cash | ||
| OTHER TIERS: 0.50% → $20k+ | |||||
Cinfed Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.10% | $500 | - | 60 Month CD | |
| 3.10% | $500 | - | 60 Month HSA CD | |
| 3.00% | $500 | - | 30 Month CD Special | |
| 2.80% | $500 | - | 48 Month CD | |
| 2.80% | $500 | - | 48 Month HSA CD | |
| 2.50% | $500 | - | 36 Month CD | |
| 2.50% | $50 | $20k | 30 Month Smart30 CD | |
| 2.50% | $500 | - | 36 Month HSA CD | |
| 2.20% | $500 | - | 24 Month CD | |
| 2.20% | $500 | - | 24 Month HSA CD | |
| 1.90% | $500 | - | 12 Month CD | |
| 1.90% | $500 | - | 12 Month HSA CD | |
| 1.60% | $500 | - | 6 Month CD | |
| 1.60% | $500 | - | 6 Month HSA CD | |
| 1.30% | $500 | - | 3 Month CD | |
| 1.30% | $500 | - | 3 Month HSA CD |
Cinfed Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.10% | $500 | - | 60 Month IRA | |
| 2.80% | $500 | - | 48 Month IRA | |
| 2.50% | $500 | - | 36 Month IRA | |
| 2.20% | $500 | - | 24 Month IRA | |
| 1.90% | $500 | - | 12 Month IRA | |
| 1.60% | $500 | - | 6 Month IRA | |
| 1.30% | $500 | - | 3 Month IRA |
| Cinfed Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 15 George Huser Dr | Ft Wright, KY 41011-2670 |
| Branch Office | 333 Scott St | Covington, KY 41011 |
| Branch Office | 7170 Turfway Rd | Florence, KY 41042 |
| Branch Office | 550 Main St Room 5510 | Cincinnati, OH 45202 |
| Branch Office | 830 Main St | Cincinnati, OH 45202 |
| Branch Office | 7661 Reading Rd | Cincinnati, OH 45237-3203 |
| Branch Office | 5147 Glencrossing Way | Cincinnati, OH 45238 |
| Corporate Office | 4801 Kennedy Avenue | Cincinnati, OH 45209 |