Nickel Steel Federal Credit Union

Overview / Commentary

www.nickelsteelfcu.com

419-224-7861

1067 S. Main St.
Lima, OH 45804

Nickel Steel Federal Credit Union is headquartered in lima and is the 199^th largest credit union in the state of Ohio. It is also the 4,283^rd largest credit union in the nation. It was established in 1953 and as of December of 2021, it had grown to 3 employees and 601 members at 1 location. Nickel Steel Federal Credit Union has a B health rating.

Field of Membership Restrictions

Nickel Steel Federal Credit Union is open to those who live, work, volunteer, attend school or worship in the city of Lima, Ohio and to employees and retirees of Whemco, N & S Railroad, Superior Forge & Steel, L.A.C.C.A, V.F.W. Post #1911, Frank's Drive-thru, Ohio Army National Guard, Southside Neighborhood Association, International Brake, UAW Local 975.
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Health

Data as of Q4 2021

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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. Nickel Steel Federal Credit Union has a very low asset base.

Health Grade Components

Overall
NCUA #	9000
Year Chartered	1953
Employees	3
Primary Regulator

Profit Margin
Return on Assets - YTD	-0.03%
Return on Equity - YTD	-0.14%
Annual Interest Income	$168.00K

Assets and Liabilities
Assets	Q4 2021vs Q4 2020	$6.2MM$5.9MM
Loans	Q4 2021vs Q4 2020	$2.4MM$2.3MM
Deposits	Q4 2021vs Q4 2020	$4.8MM$4.5MM
Equity Capital	Q4 2021vs Q4 2020	$1.4MM$1.4MM
Loan Loss Allowance	Q4 2021vs Q4 2020	$1,000$17.00K
Unbacked Noncurrent Loans	Q4 2021vs Q4 2020	$13.00K$13.00K
Real Estate Owned	Q4 2021vs Q4 2020	$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.

Nickel Steel Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%	$100	-	IRA Account
0.10%^*	$50k^*	-	Regular Share / Savings Account
OTHER TIERS: 0.03% → $100 - $50k
0.03%	$100	-	Club Accounts

Nickel Steel Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.55%	$4k	-	38 Month CD
0.50%^*	$4k^*	-	20 Month CD
OTHER TIERS: 0.35% → $500 - $4k
0.50%^*	$4k^*	-	26 Month CD
OTHER TIERS: 0.45% → $500 - $4k
0.45%^*	$4k^*	-	14 Month CD
OTHER TIERS: 0.30% → $500 - $4k
0.30%^*	$4k^*	-	7 Month CD
OTHER TIERS: 0.10% → $500 - $4k

Locations

Nickel Steel Federal Credit Union Locations
Branch Office	1067 s main st	lima, OH 45804-2043

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