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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 177th largest credit union in the state of Ohio. It is also the 3,832nd largest credit union in the nation. It was established in 1970 and as of December of 2017, it had grown to 3 employees and 2,242 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 Q4 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 Chartered1970
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD0.44%
Return on Equity - YTD2.97%
Annual Interest Income$359.00K
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$13.2MM$12.0MM
LoansQ4 2017vs Q4 2016$5.5MM$5.4MM
DepositsQ4 2017vs Q4 2016$11.2MM$10.0MM
Equity CapitalQ4 2017vs Q4 2016$2.0MM$1.9MM
Loan Loss AllowanceQ4 2017vs Q4 2016$39.00K$28.00K
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$17.00K$3.00K
Real Estate OwnedQ4 2017vs Q4 2016$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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