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 1,018th largest credit union in the nation. It was established in 1947 and as of December of 2023, it had grown to 53 employees and 26,577 members at 5 locations. Glass City Federal Credit Union has a B+ 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
Related Posts
3/29/08 - 4.14% 14-Month CD at an Ohio Credit Union (Glass City).
6/29/07 - 5.60% 3-Month / 5.60% 60-Month CD at an Ohio CU - and all terms in between (Glass City)
10/7/06 - 6.00% 40-Month CD at an Ohio CU (Glass City FCU)
3/20/06 - 5.00% 3-Month CD at an Ohio CU (pick any term)
11/22/05 - 5% 30-Month CD at Ohio CU
6/29/07 - 5.60% 3-Month / 5.60% 60-Month CD at an Ohio CU - and all terms in between (Glass City)
10/7/06 - 6.00% 40-Month CD at an Ohio CU (Glass City FCU)
3/20/06 - 5.00% 3-Month CD at an Ohio CU (pick any term)
11/22/05 - 5% 30-Month CD at Ohio CU
Health
B+
Data as of Q4 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 5495 |
| Year Chartered | 1947 |
| Employees | 53 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.51% |
| Return on Equity - YTD | 5.94% |
| Annual Interest Income | $11.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2023vs Q4 2022 | $299MM$306.7MM |
| Loans | Q4 2023vs Q4 2022 | $232MM$236.4MM |
| Deposits | Q4 2023vs Q4 2022 | $257.6MM$262.8MM |
| Equity Capital | Q4 2023vs Q4 2022 | $25.7MM$23MM |
| Loan Loss Allowance | Q4 2023vs Q4 2022 | $1.6MM$858K |
| Unbacked Noncurrent Loans | Q4 2023vs Q4 2022 | $336K$384K |
| Real Estate Owned | Q4 2023vs Q4 2022 | $0$0 |