Eight Federal Credit Union

Overview / Commentary
727 Lime City Rd
Rossford, OH 43460

Eight Federal Credit Union is headquartered in Rossford and is the 167th largest credit union in the state of Ohio. It is also the 3,666th largest credit union in the nation. It was established in 1970 and as of June of 2019, it had grown to 3 employees and 2,470 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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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

NCUA #20222
Year Chartered1970
Primary Regulator
Profit Margin
Return on Assets - YTD0.9%
Return on Equity - YTD6.11%
Annual Interest Income$243.00K
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$14.5MM$14.3MM
LoansQ2 2019vs Q2 2018$6.7MM$6.0MM
DepositsQ2 2019vs Q2 2018$12.3MM$12.2MM
Equity CapitalQ2 2019vs Q2 2018$2.1MM$2.0MM
Loan Loss AllowanceQ2 2019vs Q2 2018$40.00K$37.00K
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$20.00K$17.00K
Real Estate OwnedQ2 2019vs Q2 2018$0$0

Rates for Eight Federal Credit Union are currently being reviewed.


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

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