Promedica Federal Credit Union


Overview / Commentary
419-479-4040
2301 W Central Ave
Toledo, OH 43606

Promedica Federal Credit Union is headquartered in Toledo and is the 90th largest credit union in the state of Ohio. It is also the 2,155th largest credit union in the nation. It was established in 1973 and as of June of 2023, it had grown to 23 employees and 7,033 members at 4 locations. Promedica Federal Credit Union has a B health rating.

Field of Membership Restrictions

ProMedica Federal Credit Union is open to employees of ProMedica, ProMedica affiliates, and qualifying family members.
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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. Promedica Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #21226
Year Chartered1973
Employees23
Primary Regulator
Profit Margin
Return on Assets - YTD0.73%
Return on Equity - YTD9.07%
Annual Interest Income$1.4MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$70.6MM$72.8MM
LoansQ2 2023vs Q2 2022$31.3MM$27.6MM
DepositsQ2 2023vs Q2 2022$61.4MM$63.8MM
Equity CapitalQ2 2023vs Q2 2022$5.9MM$5.6MM
Loan Loss AllowanceQ2 2023vs Q2 2022$0$99.00K
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$20.00K$54.00K
Real Estate OwnedQ2 2023vs Q2 2022$0$0
Rates
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Promedica Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$600-Premier Checking w/ Direct Deposit
Locations


Promedica Federal Credit Union Locations
Branch Office2142 N Cove Blvd Jobst Tower, 1st FloorToledo, OH 43606-3895
Branch Office5200 Harroun Rd Fl 2Sylvania, OH 43560-2168
Branch Office2301 W Central AveToledo, OH 43606-3752
Branch Office245 N Summit StToledo, OH 43604-1577

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