2. Eight Federal Credit Union

Eight Federal Credit Union


Overview / Commentary
eightfederalcu.org
419-666-7334
727 Lime City Rd
Rossford, OH 43460

Eight Federal Credit Union is headquartered in Rossford and is the 170th largest credit union in the state of Ohio. It is also the 3,709th largest credit union in the nation. It was established in 1970 and as of September of 2018, it had grown to 3 employees and 2,261 members at 1 location. Eight Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to members of Local 8 IBEW and their family.
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Health
B+

Data as of Q3 2018

Learn why bank health matters
Additional 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. Eight Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #20222
Year Chartered1970
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD0.84%
Return on Equity - YTD5.88%
Annual Interest Income$322.00K
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$14.4MM$13.1MM
LoansQ3 2018vs Q3 2017$6.6MM$5.6MM
DepositsQ3 2018vs Q3 2017$12.4MM$11.1MM
Equity CapitalQ3 2018vs Q3 2017$2.0MM$1.9MM
Loan Loss AllowanceQ3 2018vs Q3 2017$36.00K$32.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$46.00K$31.00K
Real Estate OwnedQ3 2018vs Q3 2017$0$0
Rates
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Eight Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$100-Savings Account

Eight Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$500-Share Draft Account
Locations


Eight Federal Credit Union Locations
Branch Office727 Lime City RdRossford, OH 43460

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