Overview / Commentary
Glass City Federal Credit Union is headquartered in Maumee and is the 32nd largest credit union in the state of Ohio. It is also the 1,017th largest credit union in the nation. It was established in 1947 and as of June of 2022, it had grown to 53 employees and 26,263 members at 5 locations. Glass City Federal Credit Union has an A health rating.
Field of Membership Restrictions
Glass City Federal Credit Union is open to businesses and anyone who lives, works, worships or goes to school in Lucas, Wood, Fulton, or Ottawa counties in Ohio. Membership eligibility also extends to immediate family.
See current membership details
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Health
A
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 5495 |
| Year Chartered | 1947 |
| Employees | 53 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.06% |
| Return on Equity - YTD | 0.73% |
| Annual Interest Income | $3.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $290.9MM$282.3MM |
| Loans | Q2 2022vs Q2 2021 | $211.2MM$176.7MM |
| Deposits | Q2 2022vs Q2 2021 | $264.5MM$252.2MM |
| Equity Capital | Q2 2022vs Q2 2021 | $23.8MM$27.2MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $734.00K$824.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $389.00K$463.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |