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Overview / Commentary
440-887-3800
5800 State Rd
Parma, OH 44134

Wiremen's Credit Union is headquartered in Parma and is the 135th largest credit union in the state of Ohio. It is also the 3,059th largest credit union in the nation. It was established in 1955 and as of June of 2017, it had grown to 3 employees and 4,463 members at 1 location. Wiremen's Credit Union has a B health rating.

Field of Membership Restrictions

Membership is open to members of IBEW Local 38 (Cuyahoga County and Chester, Bainbridge, Russell and Columbia Townships).
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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. Wiremen's Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #96808
Year Chartered1955
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD0.55%
Return on Equity - YTD2.51%
Annual Interest Income$376.00K
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$27.6MM$27.8MM
LoansQ2 2017vs Q2 2016$10.9MM$11.1MM
DepositsQ2 2017vs Q2 2016$21.5MM$21.8MM
Equity CapitalQ2 2017vs Q2 2016$6.0MM$5.9MM
Loan Loss AllowanceQ2 2017vs Q2 2016$341.00K$335.00K
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$253.00K$272.00K
Real Estate OwnedQ2 2017vs Q2 2016$0$0
Rates
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Wiremen's Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$500-Share/Savings

Wiremen's Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$1k-2 Year CD
0.75%$1k-1 Year CD
Locations


Wiremen's Credit Union Locations
Branch Office5800 State RdParma, OH 44134