Eight Federal Credit Union

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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 181^st largest credit union in the state of Ohio. It is also the 3,893^rd largest credit union in the nation. It was established in 1970 and as of June of 2017, it had grown to 3 employees and 2,224 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.
See current membership details

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Health

B+

Data as of Q2 2017

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 Chartered	1970
Employees	3
Primary Regulator

Profit Margin
Return on Assets - YTD	0.43%
Return on Equity - YTD	2.91%
Annual Interest Income	$169.00K

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$13.3MM$12.1MM
Loans	Q2 2017vs Q2 2016	$5.5MM$5.4MM
Deposits	Q2 2017vs Q2 2016	$11.3MM$10.2MM
Equity Capital	Q2 2017vs Q2 2016	$1.9MM$1.9MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$30.00K$21.00K
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$7.00K$1,000
Real Estate Owned	Q2 2017vs Q2 2016	$0$0

Rates

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Eight Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	$100	-	Savings Account

Eight Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$500	-	Share Draft Account

Locations

Eight Federal Credit Union Locations
Branch Office	727 Lime City Rd	Rossford, OH 43460