Towpath Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 0.20% | 1-year CD | 2.65% - Barclays 12 Month Online CD |
| 0.05% | Savings | 2.00% - Ally Bank Online Savings Account |
| 0.60% | 3-year CD | 2.85% - Synchrony Bank 36 Month CD |
Towpath Credit Union is headquartered in Fairlawn and is the 53rd largest credit union in the state of Ohio. It is also the 1,366th largest credit union in the nation. It was established in 1899 and as of June of 2018, it had grown to 60 employees and 22,397 members at 3 locations. Towpath Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to those who live, work, attend school or worship in Summit County. Membership is also open to employees or members of the Summity County Board of Trade or employees of Almost Home Day Care, Campbell City Schools, Aurora City Schools, Channels 45 & 49, Crestwood Local Schools, City of Campbell, Dairy Mart, East Holmes Schools, Garfield Local Schools, Field Local Schools, Hattie Larlham Foundation, Hiram College, Humane Society of Greater Akron, Kent State University, Mansfield Business College, NEOMED, Ravenna Schools, Rootstown Schools, Sterling Jewelers Inc., Southeast Local Schools.
See current membership details
Towpath Credit Union, One of the Best
The Towpath Credit Union maintains that small town feel with customer service that is top notch. I have been a member of this financial institution for 18 years. Recently, I wanted to add my fiance to my accounts. We went into the local branch and asked a teller who we needed to speak with to do this. She said she could help us and took us over to a private desk where we could fill out the necessary paperwork. This teller went above and beyond to answer all of our questions and make sure we had all of our needs met. This experience is one of many experiences I have had as a member of this credit union. The staff always provide the best customer service and go out of their way to make sure you get the help you are asking for.
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 96658 |
| Year Chartered | 1899 |
| Employees | 60 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.29% |
| Return on Equity - YTD | 2.42% |
| Annual Interest Income | $2.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $131.7MM$128.4MM |
| Loans | Q2 2018vs Q2 2017 | $79.1MM$73.8MM |
| Deposits | Q2 2018vs Q2 2017 | $114.8MM$112.0MM |
| Equity Capital | Q2 2018vs Q2 2017 | $15.9MM$15.4MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $810.00K$626.00K |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $763.00K$817.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $53.00K$0 |
Always verify rates and promotions with the bank or credit union. We are not Towpath Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Towpath Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.20% | - | - | IRA Savings | |
| 0.05% | $5 | - | Share/Savings | |
| 0.05% | - | - | Club Accounts |
Towpath Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.12% | $3k | - | Money Market Share Draft |
Towpath Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | $500 | - | Preferred Checking |
Towpath Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.60% | $500 | - | 3 Year CD | |
| 0.50% | $500 | - | 2 Year CD | |
| 0.20% | $500 | - | 1 Year CD | |
| 0.20% | $1k | - | 1 Year Youth CD | |
| 0.15% | $500 | - | 6 Month CD |
Towpath Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.60% | $500 | - | 3 Year IRA | |
| 0.50% | $500 | - | 2 Year IRA | |
| 0.20% | $500 | - | 1 Year IRA |
| Towpath Credit Union Locations | ||
|---|---|---|
| Branch Office | 2500 N Turkeyfoot Rd | Coventry Township, OH 44319-1141 |
| Branch Office | 645 N Main St | Akron, OH 44310 |
| Branch Office | 2969 Smith Rd | Fairlawn, OH 44333 |