Overview / Commentary
Cinfed Federal Credit Union is headquartered in Cincinnati and is the 10th largest credit union in the state of Ohio. It is also the 573rd largest credit union in the nation. It was established in 1975 and as of June of 2024, it had grown to 137 employees and 37,989 members at 10 locations. Cinfed Federal Credit Union's CD rates are 5X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Cinfed Credit Union is open to those who in live, work, worship, or regularly conduct business in the Kentucky counties of Boone, Bracken, Gallatin, Grant, Kenton, Pendleton, or Campbell; the Ohio counties of Brown, Butler, Clermont, Dearborn, Hamilton, or Warren; or Union County in Indiana.
See current membership details
Health
A
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 21930 |
| Year Chartered | 1975 |
| Employees | 137 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.27% |
| Return on Equity - YTD | 12.21% |
| Annual Interest Income | $17.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $737MM$720.4MM |
| Loans | Q2 2024vs Q2 2023 | $562.1MM$543.8MM |
| Deposits | Q2 2024vs Q2 2023 | $611.4MM$603.9MM |
| Equity Capital | Q2 2024vs Q2 2023 | $77.1MM$67MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $5.3MM$4.9MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $2.3MM$1.7MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |