Fasson Employees Federal Credit Union
LOCATIONS
1
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HEALTH RATING
B
View health report
CURRENT TOP RATE
1.10% APY
12 Month CD
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Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.10% | 1-year CD | 2.60% - Capital One 12 Month 360 CD |
| 0.50% | Savings | |
| 0.50% | Savings |
Overview / Commentary
Fasson Employees Federal Credit Union is headquartered in Painesville and is the 178th largest credit union in the state of Ohio. It is also the 3,866th largest credit union in the nation. It was established in 1959 and as of June of 2018, it had grown to 2 employees and 1,431 members at 1 location. Fasson Employees Federal Credit Union's CD rates are 22% 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 Q2 2018
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 | 0.47% |
| Return on Equity - YTD | 2.6% |
| Annual Interest Income | $176.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $12.7MM$12.9MM |
| Loans | Q2 2018vs Q2 2017 | $3.2MM$2.6MM |
| Deposits | Q2 2018vs Q2 2017 | $10.4MM$10.7MM |
| Equity Capital | Q2 2018vs Q2 2017 | $2.3MM$2.2MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $6.00K$4.00K |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $8.00K$1,000 |
| Real Estate Owned | Q2 2018vs Q2 2017 | $0$0 |
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Fasson Employees Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.50% | - | - | Regular Share Account | |
| 0.50% | - | - | Secondary Share Account | |
| 0.50% | - | - | Christmas Club Account | |
| 0.50% | - | - | Vacation Club Account | |
| 0.50% | - | - | Misc. Club Account |
Fasson Employees Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.10% | $1k | - | 12 Month CD | |
| 0.85% | $1k | - | 6 Month CD |
Locations
| Fasson Employees Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 250 Chester St # 1-E | Painesville, OH 44077-4118 |