Ohio Catholic Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.85% | 5-year CD | 3.10% - Barclays 60 Month Online CD |
| 2.00% | 1-year CD | 2.75% - Barclays 12 Month Online CD |
| 0.10% | Savings | 0.27% - National Average |
Ohio Catholic Federal Credit Union is headquartered in Garfield Hts and is the 37th largest credit union in the state of Ohio. It is also the 1,156th largest credit union in the nation. It was established in 1954 and as of December of 2018, it had grown to 54 employees and 13,246 members at 4 locations. Ohio Catholic Federal Credit Union's CD rates are 2X the national average, and it has an A health rating.
Field of Membership Restrictions
Ohio Catholic Federal Credit Union membership is open to employees, students and members of any Catholic Diocese - including schools, parishes, ministries, organizations, services or entities - within Ohio State. Also eligible for membership are immediate family and household members, employees & retirees or volunteers of Ohio Catholic FCU, or employees and members of the Clark-Metro Development Corporation of Cleveland and employees of M and M Foods, who are paid from Cleveland, OH. (A complete list of requirements are listed on the credit union's website)
See current membership details
Great bank until you actually need help or have a dispute
I have been with the bank since I opened my first savings account as a child. I attended the Catholic grade school associated with the institution and my parents were members since enrolling my in kindergarten. My banking experience with Ohio Catholic was always enjoyable, as I grew up and opening a checking account with them as well for automatic deposits as I began working in high school. It was nice having a small bank where people recognized you and knew you by name. A lot of parents whose children I attended school with also worked there and were always excited to see me. It was a personal experience, which I enjoyed. The real issue began when I moved away for college. It wasn't easy to access my money since they are a same bank and had limited free ATMs in the Columbus area. Then, one day my landlord cashed my rental check extremely late without my knowledge. The same day, a Saturday, I went shopping at the mall and made six different purchases using my debit card with Ohio Catholic. While I had nearly $10,000+ in my savings (for school), my checking was drained by the rental check and all six purchases at the mall caused Ohio Catholic to charge me SIX overdraft fees. SIX! Totaling $180 in fees. For under $100 in purchases. I was furious, especially since I thought I had my debit card set to get declined when I was out of money. And, all they had to do was transfer money from my savings to checking. It wasn't like I didn't have the money. If anything, it should have been a one-time fee for $30, not six separate charges. The worst part is- NO ONE at this "small, family, religious-oriented" bank bothered to call me on Monday to let me know I over withdrew my account... Luckily I check my banking online regularly and saw it myself. In fact, no one contacted me all week. So, I would've kept racking up overdraft charges. When I went home to Cleveland and sat down to talk with a banking representative high up in the company, a parent I knew since I was five years old, I was told there was nothing they could do to reverse the fees. I had been with them for 15+ years, had loans for school through them, my parents have been with them for 25+ years and financed school tuition, a mortgage, three cars, a camper, and a boat through them. And there was nothing they could do- not even refund me for a couple of the six charges at $30 a piece. I was furious! Here is a bank I stick with thinking it is all about caring for their clients and a loyal one, a college student, can't even get their help. On top of that, apparently I had to "sign off" on canceling their "overdraft protection" in order to get my card declined instead... a notice I never received. The overdraft protect, i.e. money maker for them, is automatically applied to your account. While I still have accounts open with them for the convenience now that I am back in Cleveland, I certainly will never take out any loans or credit cards through them and look forward to opening new accounts with a new bank soon.
Charged Me 60.00 For Being Short 14Cents
You should be a shame to call yourself a Catholic credit union You stink! Can't wait to get away from!
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 9208 |
| Year Chartered | 1954 |
| Employees | 54 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.39% |
| Return on Equity - YTD | 10.2% |
| Annual Interest Income | $6.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $172.0MM$166.0MM |
| Loans | Q4 2018vs Q4 2017 | $118.5MM$119.6MM |
| Deposits | Q4 2018vs Q4 2017 | $144.2MM$140.2MM |
| Equity Capital | Q4 2018vs Q4 2017 | $23.3MM$21.0MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $1.1MM$1.0MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $718.00K$275.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Ohio Catholic Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Ohio Catholic Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.10%* | $25k* | - | Share Savings Account | ||
| OTHER TIERS: 0.05% → $100 - $25k | |||||
| 0.10% | $100 | - | Vacation Club Account | ||
| 0.10% | $100 | - | Christmas Club Account | ||
| 0.10% | $100 | - | IRA Savings Account | ||
Ohio Catholic Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.25%* | $75k* | - | Money Market Accounts | ||
| OTHER TIERS: 0.10% → $1k - $25k | 0.20% → $25k - $75k | |||||
Ohio Catholic Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.01% | $500 | - | Share Draft Account |
Ohio Catholic Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 3.25% | $500 | - | 84 Month Certificate | ||
| 3.15%* | $100k* | - | 60-71 Month Certificate | ||
| OTHER TIERS: 3.00% → $500 - $100k | |||||
| 3.15% | $500 | - | 72 Month Certificate | ||
| 3.00% | $25k | - | 84 Month Bump Certificate | ||
| 2.95% | $500 | - | 48-59 Month Certificate | ||
| 2.85% | $500 | - | 36-47 Month Certificate | ||
| 2.85% | $25k | - | 60 Month Bump Certifcate | ||
| 2.75% | $25k | - | 36 Month Bump Certificate | ||
| 2.45%* | $100k* | - | 24-35 Month Certificate | ||
| OTHER TIERS: 1.75% → $500 - $25k | 2.00% → $25k - $100k | |||||
| 2.25%* | $100k* | - | 18-23 Month Certificate | ||
| OTHER TIERS: 1.65% → $500 - $25k | 1.85% → $25k - $100k | |||||
| 2.00%* | $100k* | - | 12-17 Month Certificate | ||
| OTHER TIERS: 1.50% → $500 - $25k | 1.65% → $25k - $100k | |||||
| 0.40%* | $100k* | - | 6-11 Month Share Certificate | ||
| OTHER TIERS: 0.20% → $500 - $25k | 0.35% → $25k - $100k | |||||
| 0.30%* | $100k* | - | 3-5 Month Share Certificate | ||
| OTHER TIERS: 0.20% → $500 - $25k | 0.25% → $25k - $100k | |||||
Ohio Catholic Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 3.25% | $500 | - | 84 Month IRA Certificate | ||
| 3.15%* | $100k* | - | 60-71 Month IRA Certificate | ||
| OTHER TIERS: 3.00% → $500 - $100k | |||||
| 3.15% | $500 | - | 72 Month IRA Certificate | ||
| 2.95% | $500 | - | 48-59 Month IRA Certificate | ||
| 2.85% | $500 | - | 36-47 Month IRA Certificate | ||
| 2.45%* | $100k* | - | 24-35 Month IRA Certificate | ||
| OTHER TIERS: 1.75% → $2.5k - $25k | 2.00% → $25k - $100k | |||||
| 2.25%* | $100k* | - | 18-23 Month IRA Certificate | ||
| OTHER TIERS: 1.65% → $2.5k - $25k | 1.85% → $25k - $100k | |||||
| 2.00%* | $100k* | - | 12-17 Month IRA Certificate | ||
| OTHER TIERS: 1.50% → $2.5k - $25k | 1.65% → $25k - $100k | |||||
| Ohio Catholic Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 8600 Alexandria Dr | Macedonia, OH 44056 |
| Branch Office | 13623 Rockside Rd | Garfield Hts, OH 44125-5173 |
| Branch Office | 5600 Wallings Rd | North Royalton, OH 44133 |
| Branch Office | 1762 Brown St | Akron, OH 44301-3145 |