Sorg Bay West Federal Credit Union

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A short history of Sorg Bay West FCU

Since its inception in 1950 the Sorg Bay West Federal Credit Union has been serving its members in the MIDDLETOWN, 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 JOANN MAMALIGAS, the Sorg Bay West FCU has grown its membership to over 992 with assets of more than $7,897,876. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (513) 422-8697 or email them at sorgbaywest@zoomtown.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in MIDDLETOWN, OH.

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

Charter Number 6772
Address 400 N BROAD ST 
City MIDDLETOWN 
State Ohio 
Zip-Code 45042
Phone Number (513) 422-8697
Fax Number (513) 422-1692
Email Address: sorgbaywest@zoomtown.com
CEO/President JOANN MAMALIGAS
Members 992 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 7,897,876 
Website http://www.sorgbaywest.com 

Compare Sorg Bay West Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Middletown Area Schools CU Main Office 1730 Central Ave 45044 (513) 422-2392 No 3.27
Butler Heritage CU Main 660 N University Blvd 45042 (513) 423-2921 No 3.52
Midusa CU Vandalia 536 W National Rd 45377 (937) 665-0454 No 6.79
Atrium CU ATRIUM CREDIT UNION 6051 Market Ave Ste C 45005 (513) 420-5179 No 7.29
River Valley CU Huber Heights Branch 6595 Brandt Pike 45424 (937) 222-4546 No 11.93

Sorg Bay West Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Sorg Bay West 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 12.90 4.90 5.90 4.00 5.90
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 452 387 432 138 330
Rank Among All Ohio Credit Unions 81 112 99 31 71

Sorg Bay West Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.15 N/A 0.75 1.00
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 119 N/A 215 158
Rank Among All Ohio Credit Unions 16 19 N/A 58 31
Sorg Bay West Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.90096141,666
All Other Unsecured Loans/Lines of Credit 15.000104327,446
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.90028497,591
Used Vehicle Loans 5.9001911,734,600
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.000201,147,668
Total Other Real Estate Loans/Lines of Credit 5.90010219,660
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.150751,740
TOTAL LOANS & LEASES 4564,120,371

Sorg Bay West 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 4278,01900
    b. 15 Years or less 16869,649160,000
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 10219,66000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 301,367,328160,000

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

Sorg Bay West 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 No
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes