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Overview / Commentary
330-927-1025
1 S Main St
Rittman, OH 44270

Morton Salt Credit Union is headquartered in RITTMAN and is the 239th largest credit union in the state of Ohio. It is also the 4,987th largest credit union in the nation. It was established in 1952 and as of December of 2016, it had grown to 1 employees and 533 members at 1 location. Morton Salt Credit Union has a C+ health rating.

Field of Membership Restrictions

Membership in Morton Salt Credit Union is open to employees of Morton Salt, Whites Ford, Doylestown Health Care Center, Luke Engineering, or the City of Rittman.
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Health
C+
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. Morton Salt Credit Union has a very low asset base.

Health Grade Components

Overall
NCUA #61827
Year Chartered1952
Employees1
Primary Regulator
Profit Margin
Return on Assets - YTD-0.46%
Return on Equity - YTD-2.6%
Annual Interest Income$124.00K
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$4.2MM$4.2MM
LoansQ4 2016vs Q4 2015$2.1MM$1.8MM
DepositsQ4 2016vs Q4 2015$3.5MM$3.4MM
Equity CapitalQ4 2016vs Q4 2015$770.00K$792.00K
Loan Loss AllowanceQ4 2016vs Q4 2015$12.00K$16.00K
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$0$39.00K
Real Estate OwnedQ4 2016vs Q4 2015$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Morton Salt Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.64%--Share IRA
0.05%$100-Regular Share Account

Morton Salt Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.26%*$10k*-12 Month Certificate
OTHER TIERS: 0.16% $1k - $10k
0.11%$500-6 Month Certificate
0.07%$1k-3 Month Certificate

Morton Salt Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.26%*$10k*-12 Month IRA
OTHER TIERS: 0.16% $1k - $10k
0.11%$500-6 Month IRA
0.07%$1k-3 Month IRA
Locations


Morton Salt Credit Union Locations
Branch Office1 S MAIN STRITTMAN, OH 44270