Midwest Community Federal Credit Union
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 1,146th largest credit union in the nation. It was established in 1954 and as of June of 2023, it had grown to 60 employees and 13,598 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
Community
Midwest Community is a place that you can always count on. They have services to fit every type of life style and offer all of the services that you would expect from a financial institution. The workers are personable and make sure that you have been fully helped before you get on your way.
In keeping with community needs they offer longer hours on some days as well as opening early and have the drive thru open on the weekend days for a few hours. This place is truly built with the needs of its' members in mind. Everyone is extremely friendly and always going out of their way to make sure all avenues are searched out to satisfy the needs of all customers coming through the door. Midwest Community is more like a club than a banking institution.
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 9522 |
| Year Chartered | 1954 |
| Employees | 60 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.02% |
| Return on Equity - YTD | 0.42% |
| Annual Interest Income | $4.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $236.1MM$226.1MM |
| Loans | Q2 2023vs Q2 2022 | $162.0MM$139.1MM |
| Deposits | Q2 2023vs Q2 2022 | $222.1MM$212.2MM |
| Equity Capital | Q2 2023vs Q2 2022 | $13.4MM$13.4MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $1.4MM$1.3MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $663.00K$553.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |