About Us

Firelands Federal Credit Union had its humble beginnings at the railroad in 1955, when seven Nickel Plate employees joined together to form a financial savings club. Each of them put in $5-$10 and they applied for a charter from the federal government. Chartered in 1957, Firelands Federal Credit Union presently serves over 29,000 members. During its first 15 years, the credit union was open only to railroad employees, but in 1970, opened its membership to include anyone who lives or works in the community.

Because the members own the credit union, the earnings on the credit union's business activities are returned to the member-owner in the form of higher earnings on savings, lower rates on loans and a wide range of related financial services at the lowest possible cost.

Financial Status

For The Period Ending: March 31, 2016
TOTAL LOANS 172,688,133
TOTAL INVESTMENTS  57,280,636
TOTAL ASSETS 251,527,536
TOTAL REG SHARES 147,355,056
TOTAL IRA CERTIFICATES   18,904,128
TOTAL CERTIFICATES   58,523,027
TOTAL ALL SHARES 224,782,212
TOTAL LIABILITIES & EQUITY 251,527,536
MEMBERS          29,888
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