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Building a Legacy of Trust 

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 33,000 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: July 31, 2020

TOTAL LOANS

235,908,191

TOTAL INVESTMENTS

82,585,796

TOTAL ASSETS

344,261,257

TOTAL REG SHARES

217,778,941

TOTAL IRA CERTIFICATES

22,554,832

TOTAL CERTIFICATES

71,760,097

TOTAL ALL SHARES

312,093,869

TOTAL LIABILITIES & EQUITY

344,261,257

MEMBERS

35,087

Community Involvement

giving back since 1957

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