Nickel Steel Federal Credit Union

TODAY'S FEATURED RATES

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

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 184^th largest credit union in the state of Ohio. It is also the 3,944^th largest credit union in the nation. It was established in 1953 and as of March of 2025, it had grown to 3 employees and 533 members at 1 location. Nickel Steel Federal Credit Union has a C+ 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.
See current membership details

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Health

C+

Data as of Q1 2025

Learn why bank health matters

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	1.44%
Return on Equity - YTD	4.56%
Annual Interest Income	$82K

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$5.5MM$6.9MM
Loans	Q1 2025vs Q1 2024	$2.5MM$2.7MM
Deposits	Q1 2025vs Q1 2024	$3.8MM$5.2MM
Equity Capital	Q1 2025vs Q1 2024	$1.7MM$1.6MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$15K$14K
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$7K$22K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Savings
CD
IRA

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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
0.10%^*	$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
3.35%	$4k	-	38 Month CD
3.25%^*	$4k^*	-	26 Month CD
OTHER TIERS: 2.25% → $500 - $4k
3.14%^*	$4k^*	-	20 Month CD
OTHER TIERS: 2.15% → $500 - $4k
3.10%^*	$4k^*	-	14 Month CD
OTHER TIERS: 2.10% → $500 - $4k
2.50%^*	$4k^*	-	7 Month CD
OTHER TIERS: 1.50% → $500 - $4k

Nickel Steel Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%	$100	-	IRA Account

Locations

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

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