Hancock FCU (Ohio) Adds Competitive 12-month CD Special


Availability: Residents of Hancock County, Ohio

Hancock Federal Credit Union (Hancock FCU) recently raised the rate on its 12-month Share Certificate (CD) Special (1.30% APY). The minimum deposit is $1K, with no maximum balance cap.

According to CSR, the document, the Early Withdrawal Penalty on the 12-month CD Special is 180 days' interest.


Headquartered in Findlay, Ohio, Hancock Federal Credit Union offers membership to all individuals who live, work, worship, or attend school in Hancock County. Immediate family members of current Hancock FCU members are also eligible to join Hancock FCU.

Joining Hancock FCU and opening a CD must be done in person at any of two Ohio branches located in Findlay. At this time, Hancock FCU’s online banking platform is limited to account management and bill pay services.

Credit Union Overview

Hancock Federal Credit Union has an overall health grade of "B+" at DepositAccounts.com, with a Texas ratio of 5.81% (excellent), based on December 31, 2014 data. Hancock FCU has an excellent capitalization level of 11.82%, a result of holding $69.72 Million in assets, with $8.24 Million in equity. Please refer to our financial overview of Hancock Credit Union for more details.

Chartered in May 1938 by 13 local school teachers, Hancock Federal Credit Union (NCUA Certificate # 2815) originally served the employees of the Findlay City and Hancock County School systems. The field of membership remained the same for 42 years until the NCUA changed its interpretation of "common bond provision," allowing Hancock FCU to expand and diversify its membership.

How the CD Compares

When compared to other similar length of term CDs tracked by DepositAccounts.com, requiring a similar minimum deposit and available to Ohio residents, Hancock Federal Credit Union’s 12-month Share Certificate Special is competitive.

The above rates are accurate as of 4/22/2015.

To search for nationwide CD rates and CD rates in your state, please refer to the CD rates section of DepositAccounts.com.