Medina County Federal Credit Union
Overview / Commentary
Medina County Federal Credit Union is headquartered in Wadsworth and is the 65th largest credit union in the state of Ohio. It is also the 1,632nd largest credit union in the nation. It was established in 1960 and as of June of 2024, it had grown to 19 employees and 9,793 members at 3 locations. Medina County Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Medina County Federal Credit Union is open to those who live, work, worship or attend school in Medina County, Ohio.
See current membership details
Health
A
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 13794 |
| Year Chartered | 1960 |
| Employees | 19 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.37% |
| Return on Equity - YTD | 17.28% |
| Annual Interest Income | $2.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $124.6MM$119.1MM |
| Loans | Q2 2024vs Q2 2023 | $73.6MM$61.2MM |
| Deposits | Q2 2024vs Q2 2023 | $114.4MM$111MM |
| Equity Capital | Q2 2024vs Q2 2023 | $9.8MM$7.8MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $500K$304K |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $120K$122K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |