New Horizon Federal Credit Union

Overview / Commentary
180 2nd St SW
Barberton, OH 44203

New Horizon Federal Credit Union is headquartered in Barberton and is the 119th largest credit union in the state of Ohio. It is also the 2,724th largest credit union in the nation. It was established in 1935 and as of December of 2023, it had grown to 12 employees and 2,965 members at 4 locations. New Horizon Federal Credit Union's CD rates are 5X the national average, and it has a B+ health rating.

Field of Membership Restrictions

New Horizon Federal Credit Union is open to those who live, work, worship, or attend to school in Summit County, Ohio.
See current membership details

Related Posts

12-Month Jumbo CD, 5.80% APY - 12/29/2023

12-month Jumbo CD, 5.80% APY, $100k minimum 12-month CD, 5.64% APY, $500 minimum Field of membership is Summit County, Ohio, including Akron metro area.


No reviews have been left for this bank yet. Be the first to review.

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. New Horizon Federal Credit Union has a low asset base.

Health Grade Components

NCUA #616
Year Chartered1935
Primary Regulator
Profit Margin
Return on Assets - YTD1.85%
Return on Equity - YTD14.08%
Annual Interest Income$1.8MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$37.7MM$37.2MM
LoansQ4 2023vs Q4 2022$29.5MM$26.6MM
DepositsQ4 2023vs Q4 2022$32.5MM$32.8MM
Equity CapitalQ4 2023vs Q4 2022$4.9MM$4.2MM
Loan Loss AllowanceQ4 2023vs Q4 2022$361K$459K
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$132K$70K
Real Estate OwnedQ4 2023vs Q4 2022$0$0
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not New Horizon Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

New Horizon Federal Credit Union Savings Account Rates

0.45%*$100k*-Regular Share
OTHER TIERS: 0.15% $500 - $50k | 0.25% $50k - $75k | 0.35% $75k - $100k
0.40%$100-Christmas / Holiday Club
0.15%$500-Travel / Vacation Club

New Horizon Federal Credit Union CD Rates

4.96%$100k-6 Month Jumbo CD
4.86%$500-6 Month CD
4.49%$100k-12 Month Jumbo CD
4.33%$500-12 Month CD
4.28%$100k-18 Month Jumbo CD
4.07%$500-18 Month CD
4.07%$100k-24 Month Jumbo CD
3.82%$500-24 Month CD

New Horizon Federal Credit Union IRA Rates

4.75%*$100k*-12 Month CD
OTHER TIERS: 4.59% $500 - $100k

New Horizon Federal Credit Union Locations
Branch Office180 2nd St SWBarberton, OH 44203
Branch Office4160 S Cleveland Massillon RdNorton, OH 44203
Branch Office555 Barber RdBarberton, OH 44203
Branch Office31 Hanna PkwyCoventry Township, OH 44319-1173

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.