Ohio Educational Credit Union

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A short history of Ohio Educational CU

Since its inception in 0000 the Ohio Educational Credit Union has been serving its members in the Cleveland, 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 Jerome Valco, the Ohio Educational CU has grown its membership to over 17,539 with assets of more than $131,053,135. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (216) 621-6296 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Cleveland, OH.

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

Charter Number 95107
Address PO Box 93079 
City Cleveland 
State Ohio 
Zip-Code 44101
Phone Number (216) 621-6296
Fax Number (216) 621-7150
Email Address: none
CEO/President Jerome Valco
Members 17,539 
Full-Time Employees 46 
Part-Time Employees
Number of Branch Offices
Total Assets 131,053,135 
Website http://ohecu.com 

Compare Ohio Educational Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Civil Service Employees Association CU Civil Service Emp Assn. Credit Union, INc. 601 Lakeside Ave E Rm 3 44114 (216) 664-2216 No 0.33
Century CU NASA Branch 21000 Brookpark Rd Bldg 15 44135 (216) 535-3400 No 0.47
Plain Dealer CU Plain Dealer Federal Credit Union 1801 Superior Ave E Ste 125 44114 (216) 999-4270 No 0.92
Ohio's First Class CU Ohio's First Class Credit Union 1800 Carnegie Ave 44101 (216) 241-1088 No 0.93
Noteworthy CU NoteWorthy-Main 1900 Superior Ave E Ste 126 44114 (216) 263-7034 No 0.98

Ohio Educational Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Ohio Educational 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 10.75 2.74 2.74 4.13 4.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 320 113 70 160 132
Rank Among All Ohio Credit Unions 57 22 10 37 21

Ohio Educational Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.01 0.02 0.03 0.15 0.15
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 140 151 146 324 276
Rank Among All Ohio Credit Unions 22 32 45 96 69
Ohio Educational Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.7501,6793,668,241
All Other Unsecured Loans/Lines of Credit 12.7501,7952,459,892
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.1001575,587,060
New Vehicle Loans 2.7401,04419,637,658
Used Vehicle Loans 2.7401,49819,269,342
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.13016014,286,134
Total Other Real Estate Loans/Lines of Credit 4.25054414,620,861
Leases Receivable 4.32070522,983,794
Total All Other Loans/Lines of Credit 4.2501031,199,236
TOTAL LOANS & LEASES 7,685103,712,218

Ohio Educational 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 646,646,899202,698,438
    b. 15 Years or less 886,977,8259888,641
    a. > 15 years 0000
    b. 15 Years or less 3294,84000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 5366,57000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 772,358,91800
Closed-End Adjustable Rate 1282,775,79500
Open-End Adjustable Rate 3399,486,1482121,792,229
Open-End Fixed Rate 0000
TOTALS 70428,906,9952415,379,308


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 1333,416,908538,696
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Ohio Educational 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 Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes