Overview / Commentary
Firelands Federal Credit Union is headquartered in Bellevue and is the 19th largest credit union in the state of Ohio. It is also the 736th largest credit union in the nation. It was established in 1957 and as of March of 2025, it had grown to 96 employees and 36,355 members at 6 locations. Firelands Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Firelands Federal Credit Union is open to individuals who live, work, worship, or attend school in the Ohio counties of Erie or Huron; York Township in Sandusky County, Ohio; or the townships of Adams, Reed, Thompson, or Venice in Seneca County, Ohio. Immediate family of membership-eligible individuals also qualify for membership.
See current membership details
Health
A
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 11674 |
| Year Chartered | 1957 |
| Employees | 96 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.68% |
| Return on Equity - YTD | 7.75% |
| Annual Interest Income | $7.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $516.8MM$459.1MM |
| Loans | Q1 2025vs Q1 2024 | $332.3MM$311.7MM |
| Deposits | Q1 2025vs Q1 2024 | $472.4MM$413.1MM |
| Equity Capital | Q1 2025vs Q1 2024 | $44.2MM$38.9MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $3.5MM$3.1MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $2.4MM$2.4MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$228K |