Telhio Credit Union is headquartered in Columbus and is the 7th largest credit union in the state of Ohio. It is also the 321st largest credit union in the nation. It was established in 1935 and as of June of 2023, it had grown to 247 employees and 69,434 members at 11 locations. Telhio Credit Union's money market rates are 9X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership in Telhio Credit Union is open to all Ohio residents through the American Consumer Council. Individuals who live, work, worship, or attend school in the Ohio counties of Butler, Champaign, Clark, Delaware, Fairfield, Franklin, Greene, Hamilton, Licking, Madison, Marion, Miami, Montgomery, Morrow, Pickaway, Preble, Richmond, Union, or Warren also qualify for membership.
See current membership details
Best Credit Union I Have Dealt With
Such a great team. We deal with the Columbus location, and have been incredibly impressed with all elements of the bank. They are growing, competitive, friendly, and flexible. I have no complaints whatsoever.
great experience
I have had good experiences with Telhio. I heard about them from coworkers. I decided to get an account there because so many people had positive things to say about them. They have been great to work with. The fees are quite reasonable. The atmosphere and decor inside the branches is very inviting, open, positive and friendly. The employees are all extremely friendly and extremely helpful. They have helped me through different financial situations including situations involving fraud on my account. They were able to help me with the charges and get me a new debit card for my checking account. I had a situation where a company I didn't owe billed me repeatedly and they were able to help me with that situation and put a stop to the charges. I can't think of anything negative to say, they have done a fantastic job the whole time I have been a member.
Good Experience - Would Recommend
I have had an account at telhio for about a decade. Their customer service is great and responsive, and I have had a good experience. their branches provide an open, friendly, pleasant environment. their interest rates are not the best. I did have one issue where there was a small amount being withdrawn repeatedly by a merchant who didn't have authorization to keep charging my debit card. it seems like they would easily be able to stop the charges. the whole situation was way more effort than it should have been on my part, but they ultimately got it resolved to my satisfaction. that was the only real issue I've had all these years.
Car Title
I paid off a $50000 car loan and they want me to pay $16 for the title that is a bad business
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62848 |
| Year Chartered | 1935 |
| Employees | 247 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.12% |
| Return on Equity - YTD | 1.43% |
| Annual Interest Income | $28.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $1.43B$1.29B |
| Loans | Q2 2023vs Q2 2022 | $1.10B$943.8MM |
| Deposits | Q2 2023vs Q2 2022 | $1.13B$1.14B |
| Equity Capital | Q2 2023vs Q2 2022 | $122.8MM$117.6MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$5.7MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $2.5MM$1.6MM |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
