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

Wiremen's Credit Union is headquartered in Parma and is the 131st largest credit union in the state of Ohio. It is also the 2,974th largest credit union in the nation. It was established in 1955 and as of December of 2018, it had grown to 3 employees and 4,886 members at 1 location. Wiremen's Credit Union's CD rates are 94% higher than the national average, and it 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
B+
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 - YTD0.22%
Return on Equity - YTD1.05%
Annual Interest Income$805.00K
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$27.8MM$27.1MM
LoansQ4 2018vs Q4 2017$13.4MM$11.5MM
DepositsQ4 2018vs Q4 2017$21.8MM$21.1MM
Equity CapitalQ4 2018vs Q4 2017$5.9MM$5.9MM
Loan Loss AllowanceQ4 2018vs Q4 2017$351.00K$367.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$70.00K$310.00K
Real Estate OwnedQ4 2018vs Q4 2017$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
3.00%$1k-5 Year CD
2.25%$1k-2 Year CD
1.75%$1k-1 Year CD
Locations


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

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