Steel Valley Federal Credit Union
Overview / Commentary
Steel Valley Federal Credit Union is headquartered in Cleveland and is the 141st largest credit union in the state of Ohio. It is also the 3,124th largest credit union in the nation. It was established in 1966 and as of March of 2025, it had grown to 6 employees and 3,472 members at 1 location. Steel Valley Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
Membership is open to those who live and worship in the communities of Cleveland, Brooklyn, Bedford, Garfield Heights, Maple Heights, South Euclid, Richmond Heights, Lakewood, East Cleveland, Warrensville Heights, Cleveland Heights, University Heights, Euclid, or Warren. Membership is also open to employees of the credit union's sponsors.
See current membership details
Health
C+
Data as of Q1 2025
Learn why bank health mattersAdditional 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. Steel Valley Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 17555 |
| Year Chartered | 1966 |
| Employees | 6 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.2% |
| Return on Equity - YTD | 1.98% |
| Annual Interest Income | $261K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $22.6MM$23.3MM |
| Loans | Q1 2025vs Q1 2024 | $11.6MM$12.4MM |
| Deposits | Q1 2025vs Q1 2024 | $20.2MM$21MM |
| Equity Capital | Q1 2025vs Q1 2024 | $2.2MM$2.3MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $270K$244K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $221K$135K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |