New Horizon Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
0.45%	Savings	Regular Share 1.20% - Synchrony Bank High Yield Savings
0.40%	1-year CD	12 Month CD 1.40% - Synchrony Bank 12 Month CD
0.60%	2-year CD	24 Month CD 1.65% - Synchrony Bank 24 Month CD

View all New Horizon Federal Credit Union rates »

Overview / Commentary

www.newhorizonfcu.com

330-745-8897

180 2nd St SW
Barberton, OH 44203

New Horizon Federal Credit Union is headquartered in Barberton and is the 164^th largest credit union in the state of Ohio. It is also the 3,495^th largest credit union in the nation. It was established in 1935 and as of March of 2017, it had grown to 7 employees and 2,103 members at 3 locations. New Horizon Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership is open to those who live, work, attend school or worship in Summit County, Ohio.
See current membership details

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Health

B

Data as of Q1 2017

Learn why bank health matters

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

Overall
NCUA #	616
Year Chartered	1935
Employees	7
Primary Regulator

Profit Margin
Return on Assets - YTD	0.25%
Return on Equity - YTD	2.35%
Annual Interest Income	$175.00K

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$19.2MM$18.8MM
Loans	Q1 2017vs Q1 2016	$9.6MM$9.0MM
Deposits	Q1 2017vs Q1 2016	$17.1MM$16.9MM
Equity Capital	Q1 2017vs Q1 2016	$2.0MM$1.9MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$31.00K$45.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$5.00K$11.00K
Real Estate Owned	Q1 2017vs Q1 2016	$0$0

Rates

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CD
IRA

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* 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

APY	MIN	MAX	ACCOUNT NAME
0.45%^*	$100k^*	-	Regular Share
OTHER TIERS: 0.15% → $500 - $50k \| 0.25% → $50k - $75k \| 0.35% → $75k - $100k
0.25%	$100	-	Christmas / Holiday Club
0.15%	$500	-	Travel / Vacation Club

New Horizon Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.85%	$500	-	24 Month Jumbo CD
0.70%	$500	-	18 Month Jumbo CD
0.60%	$500	-	24 Month CD
0.55%	$500	-	12 Month Jumbo CD
0.50%	$500	-	18 Month CD
0.40%	$500	-	12 Month CD
0.40%	$500	-	6 Month Jumbo CD
0.30%	$500	-	6 Month CD

New Horizon Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.40%	$500	-	12 Month CD

Locations

New Horizon Federal Credit Union Locations
Branch Office	180 2nd St SW	Barberton, OH 44203
Branch Office	971 Wooster Rd W	Barberton, OH 44203
Branch Office	1174 Battles Ave	Akron, OH 44314