Cinfed Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
2.00%	Reward Checking	Kasasa Cash 1.95% - National Average
0.50%	Reward Savings	Kasasa Saver 0.88% - National Average
2.50%	5-year CD	60 Months HSA CD 2.90% - Goldman Sachs Bank USA High-yield 5 Year CD

View all Cinfed Federal Credit Union rates »

Overview / Commentary

www.cinfed.com

513-333-3800

4801 Kennedy Avenue
Cincinnati, OH 45209

Cinfed Federal Credit Union is headquartered in Cincinnati and is the 12^th largest credit union in the state of Ohio. It is also the 612^th largest credit union in the nation. It was established in 1975 and as of March of 2018, it had grown to 106 employees and 35,163 members at 8 locations. Cinfed Federal Credit Union's CD rates are 67% higher than 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

Good online banking

Posted by: Sam2 | Aug 13, 2014

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.

Comment

1

Declining Convenience And Service

Posted by: Bonnie Esrig | Aug 3, 2015

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.

Comment

1

Health

A

Data as of Q1 2018

Learn why bank health matters

Health Grade Components

Overall
NCUA #	21930
Year Chartered	1975
Employees	106
Primary Regulator

Profit Margin
Return on Assets - YTD	0.74%
Return on Equity - YTD	6.81%
Annual Interest Income	$4.3MM

Assets and Liabilities
Assets	Q1 2018vs Q1 2017	$437.7MM$404.1MM
Loans	Q1 2018vs Q1 2017	$341.5MM$309.1MM
Deposits	Q1 2018vs Q1 2017	$358.7MM$334.7MM
Equity Capital	Q1 2018vs Q1 2017	$46.5MM$43.2MM
Loan Loss Allowance	Q1 2018vs Q1 2017	$4.1MM$3.3MM
Unbacked Noncurrent Loans	Q1 2018vs Q1 2017	$2.9MM$3.3MM
Real Estate Owned	Q1 2018vs Q1 2017	$187.00K$120.00K

Rates

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.