Medina County Federal Credit Union

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A short history of Medina County FCU

Since its inception in 1960 the Medina County Federal Credit Union has been serving its members in the WADSWORTH, 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 Pete Grimm, the Medina County FCU has grown its membership to over 8,856 with assets of more than $76,012,442. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (330) 334-1023 or email them at info@mcfcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in WADSWORTH, OH.

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

Charter Number 13794
Address PO BOX 1010 
City WADSWORTH 
State Ohio 
Zip-Code 44282
Phone Number (330) 334-1023
Fax Number (330) 334-5610
Email Address: info@mcfcu.com
CEO/President Pete Grimm
Members 8,856 
Full-Time Employees 15 
Part-Time Employees
Number of Branch Offices
Total Assets 76,012,442 
Website http://www.medfed.com 

Compare Medina County Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Greater Wayne Community CU 328 N Main 328 N Main St 44270 (330) 927-2516 No 4.20
Morton Salt CU MORTON SALT CREDIT UNION 1 S MAIN ST 44270 (330) 927-1025 No 4.64
Integrity CU INTEGRITY FEDERAL CREDIT UNION 971 WOOSTER RD W 44203 (330) 825-2455 No 6.11
New Horizon CU Integrity Federal Credit Union 971 Wooster Rd W 44203 (330) 825-2455 No 6.99
Towpath CU Towpath Credit Unioin 2969 Smith Rd 44333 (330) 664-4700 No 9.68

Medina County Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Medina County 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 11.90 2.74 2.74 4.00 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 406 113 70 138 100
Rank Among All Ohio Credit Unions 70 22 10 31 13

Medina County Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 0.10 0.05 0.05
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 143 134 340 291
Rank Among All Ohio Credit Unions N/A 28 38 99 77
Medina County Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.9001,4201,064,395
All Other Unsecured Loans/Lines of Credit 12.000223503,298
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.7402625,833,538
Used Vehicle Loans 2.7401,20712,622,870
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.0001859,357,031
Total Other Real Estate Loans/Lines of Credit 4.0001242,648,894
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.00071803,410
TOTAL LOANS & LEASES 3,49232,833,436

Medina County Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 272,865,6674527,525
    b. 15 Years or less 462,588,81900
Balloon/Hybrid
    a. > 15 years 251,616,263161,200
    b. 15 Years or less 2141,76100
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 852,144,52110690,000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 371,216,332184,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 871,432,56215671,200
Open-End Fixed Rate 0000
TOTALS 30912,005,925312,033,925

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

Medina County Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
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