Fasson Employees Federal Credit Union
LOCATIONS
1
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HEALTH RATING
B+
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CURRENT TOP RATE
1.00% APY
12 Month CD
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Overview / Commentary
Fasson Employees Federal Credit Union is headquartered in Painesville and is the 172nd largest credit union in the state of Ohio. It is also the 3,731st largest credit union in the nation. It was established in 1959 and as of December of 2019, it had grown to 2 employees and 1,467 members at 1 location. Fasson Employees Federal Credit Union's CD rates are 11% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership is open to employees of Avery Dennison Corporation who work in the United States.
See current membership details
Health
B+
Data as of Q4 2019
Learn why bank health mattersAdditional 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. Fasson Employees Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 13115 |
| Year Chartered | 1959 |
| Employees | 2 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.18% |
| Return on Equity - YTD | 0.96% |
| Annual Interest Income | $397.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $13.3MM$12.2MM |
| Loans | Q4 2019vs Q4 2018 | $3.9MM$3.5MM |
| Deposits | Q4 2019vs Q4 2018 | $10.8MM$9.8MM |
| Equity Capital | Q4 2019vs Q4 2018 | $2.4MM$2.4MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $49.00K$5.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $65.00K$21.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |