Overview / Commentary
Glass City Federal Credit Union is headquartered in Maumee and is the 34th largest credit union in the state of Ohio. It is also the 1,030th largest credit union in the nation. It was established in 1947 and as of June of 2024, it had grown to 53 employees and 26,674 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 Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 5495 |
| Year Chartered | 1947 |
| Employees | 53 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.69% |
| Return on Equity - YTD | 7.57% |
| Annual Interest Income | $6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $296.7MM$306.9MM |
| Loans | Q2 2024vs Q2 2023 | $233.6MM$238.3MM |
| Deposits | Q2 2024vs Q2 2023 | $258.7MM$264.6MM |
| Equity Capital | Q2 2024vs Q2 2023 | $27.1MM$23.8MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $1.8MM$1.5MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $267K$247K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |