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Overview / Commentary
5800 State Rd
Parma, OH 44134

Wiremen's Credit Union is headquartered in Parma and is the 139th largest credit union in the state of Ohio. It is also the 3,082nd largest credit union in the nation. It was established in 1955 and as of March of 2017, it had grown to 3 employees and 4,452 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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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

NCUA #96808
Year Chartered1955
Primary Regulator
Profit Margin
Return on Assets - YTD0.57%
Return on Equity - YTD2.62%
Annual Interest Income$186.00K
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$27.1MM$26.5MM
LoansQ1 2017vs Q1 2016$11.0MM$10.7MM
DepositsQ1 2017vs Q1 2016$21.1MM$20.4MM
Equity CapitalQ1 2017vs Q1 2016$5.9MM$5.9MM
Loan Loss AllowanceQ1 2017vs Q1 2016$338.00K$361.00K
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$194.00K$156.00K
Real Estate OwnedQ1 2017vs Q1 2016$0$0
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Wiremen's Credit Union CD Rates

1.00%--24 Month CD
0.75%--12 Month CD

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