Bfg Federal Credit Union

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A short history of Bfg FCU

Since its inception in 1935 the Bfg Federal Credit Union has been serving its members in the AKRON, Ohio area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Michael Owens, the Bfg FCU has grown its membership to over 27,134 with assets of more than $153,184,740. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (330) 374-2990 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in AKRON, OH.

General Information For Bfg FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 511
Address 445 SOUTH MAIN ST 
State Ohio 
Zip-Code 44311
Phone Number (330) 374-2990
Fax Number (330) 374-2984
Email Address:
CEO/President Michael Owens
Members 27,134 
Full-Time Employees 32 
Part-Time Employees
Number of Branch Offices
Total Assets 153,184,740 

Compare Bfg Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Buckeye State CU Canton 4100 Munson St NW 44735 (330) 492-5700 No 0.12
Summit CU Akron Office 100 Wheeler St 44309 (330) 376-3626 No 0.57
Akron Municipal Employee's CU Akron Municipal Employees C.U. 146 S High St 44308 (330) 375-2020 No 1.18
Firstenergy Family CU Massillon Branch 2600 Erie St S 44646 (330) 830-7041 No 1.46
Goodyear Employees CU Goodyear Employees 501 Kelly Ave 44306 (330) 724-9391 No 2.40

Bfg Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Bfg Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 8.99 2.68 2.91 4.25 4.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 159 106 85 174 100
Rank Among All Ohio Credit Unions 26 19 13 46 13

Bfg Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.03 0.15 0.10 0.80
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 148 124 332 184
Rank Among All Ohio Credit Unions N/A 30 34 97 37
Bfg Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.9907,1519,991,324
All Other Unsecured Loans/Lines of Credit 6.8507,9953,033,807
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.68074010,254,733
Used Vehicle Loans 2.9102,43925,416,014
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.25029226,910,750
Total Other Real Estate Loans/Lines of Credit 4.00049412,841,745
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.0302202,377,305
TOTAL LOANS & LEASES 19,33190,825,678

Bfg Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 17821,058,963192,286,854
    b. 15 Years or less 1145,851,78710465,732
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 41866,3456169,400
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 45311,975,40016750,900
Open-End Fixed Rate 0000
TOTALS 78639,752,495513,672,886


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 43411,666,605750,900
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Bfg Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders No
No Surcharge ATMs No
Home Banking Via Internet Website Yes