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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 5,003rd largest credit union in the nation. It was established in 1952 and as of September of 2016, it had grown to 1 employees and 545 members at 1 location. Morton Salt Credit Union has a B 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.
See current membership details

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Health
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-0.58%
Return on Equity - YTD-3.29%
Annual Interest Income$93.00K
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$4.4MM$4.2MM
LoansQ3 2016vs Q3 2015$2.1MM$2.0MM
DepositsQ3 2016vs Q3 2015$3.6MM$3.4MM
Equity CapitalQ3 2016vs Q3 2015$770.00K$805.00K
Loan Loss AllowanceQ3 2016vs Q3 2015$10.00K$6.00K
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$6.00K$41.00K
Real Estate OwnedQ3 2016vs Q3 2015$0$0
Rates

Rates for Morton Salt Credit Union are currently being reviewed.

Locations


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