Midwest Community Federal Credit Union
Overview / Commentary
Midwest Community Federal Credit Union is headquartered in Defiance and is the 37th largest credit union in the state of Ohio. It is also the 1,155th largest credit union in the nation. It was established in 1954 and as of March of 2024, it had grown to 63 employees and 13,881 members at 3 locations. Midwest Community Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, attend or go to school, or worship in Defiance, Henry, Fulton, Paulding, Williams, and part of Putnam county in Ohio.
See current membership details
Health
B+
Data as of Q1 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 9522 |
| Year Chartered | 1954 |
| Employees | 63 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.27% |
| Return on Equity - YTD | 4.3% |
| Annual Interest Income | $2.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2024vs Q1 2023 | $237.8MM$237.9MM |
| Loans | Q1 2024vs Q1 2023 | $168.8MM$155.1MM |
| Deposits | Q1 2024vs Q1 2023 | $222.5MM$224MM |
| Equity Capital | Q1 2024vs Q1 2023 | $14.7MM$13.4MM |
| Loan Loss Allowance | Q1 2024vs Q1 2023 | $1.3MM$1.4MM |
| Unbacked Noncurrent Loans | Q1 2024vs Q1 2023 | $298K$453K |
| Real Estate Owned | Q1 2024vs Q1 2023 | $0$0 |