Fasson Employees Federal Credit Union


Overview / Commentary
440-358-2100
250 Chester St # 1-E
Painesville, OH 44077

Fasson Employees Federal Credit Union is headquartered in Painesville and is the 163rd largest credit union in the state of Ohio. It is also the 3,464th largest credit union in the nation. It was established in 1959 and as of March of 2025, it had grown to 3 employees and 1,329 members at 1 location. Fasson Employees Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership in Fasson Employees Federal Credit Union is open to employees of Avery Dennison Corporation who work in the United States.
See current membership details

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Health
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. Fasson Employees Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #13115
Year Chartered1959
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD1.59%
Return on Equity - YTD7.64%
Annual Interest Income$135K
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$13.4MM$14.6MM
LoansQ1 2025vs Q1 2024$5.6MM$5.8MM
DepositsQ1 2025vs Q1 2024$10.6MM$11.9MM
Equity CapitalQ1 2025vs Q1 2024$2.7MM$2.7MM
Loan Loss AllowanceQ1 2025vs Q1 2024$27K$14K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$15K$56K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Rates for Fasson Employees Federal Credit Union are currently being reviewed.

Locations


Fasson Employees Federal Credit Union Locations
Branch Office250 Chester St # 1-EPainesville, OH 44077-4118

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