New Horizon Federal Credit Union

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A short history of New Horizon FCU

Since its inception in 1935 the New Horizon Federal Credit Union has been serving its members in the BARBERTON, 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 Heidenreich, the New Horizon FCU has grown its membership to over 2,113 with assets of more than $19,352,543. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (330) 745-8897 or email them at memberservice@newhorizonfcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in BARBERTON, OH.

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

Charter Number 616
Address 180 2ND ST SW 
City BARBERTON 
State Ohio 
Zip-Code 44203
Phone Number (330) 745-8897
Fax Number (330) 745-8055
Email Address: memberservice@newhorizonfcu.com
CEO/President Michael Heidenreich
Members 2,113 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 19,352,543 
Website http://www.newhorizonfcu.com 

Compare New Horizon Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Integrity CU INTEGRITY FEDERAL CREDIT UNION 971 WOOSTER RD W 44203 (330) 825-2455 No 0.65
Firestone CU Brook Park 6275 Eastland Rd 44142 (330) 362-3633 No 4.94
Buckeye State CU Canton 4100 Munson St NW 44735 (330) 492-5700 No 6.02
Bfg CU Main Office 445 S Main St 44311 (330) 374-2990 No 6.29
Summit CU Akron Office 100 Wheeler St 44309 (330) 376-3626 No 6.45

New Horizon Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


New Horizon 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 10.22 4.01 6.36 4.64 5.63
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 269 283 481 225 305
Rank Among All Ohio Credit Unions 46 85 116 61 65

New Horizon Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.08 N/A 0.47 0.40
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 134 N/A 270 243
Rank Among All Ohio Credit Unions N/A 24 N/A 79 61
New Horizon Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.220343858,531
All Other Unsecured Loans/Lines of Credit 12.1803261,443,937
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.010991,503,040
Used Vehicle Loans 6.3603623,510,373
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.640382,632,530
Total Other Real Estate Loans/Lines of Credit 5.6309242,212
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 2.250858,052
TOTAL LOANS & LEASES 1,18510,248,675

New Horizon 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 282,208,4227757,783
    b. 15 Years or less 10424,108284,000
Balloon/Hybrid
    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

OTHER REAL ESTATE

Closed-End Fixed Rate 9242,212160,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 472,874,74210901,783

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

New Horizon 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 Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes