Our Credit Union is a non-profit corporation owned and operated by its own members. It was organized in 1963 to promote thrift by systematic savings and to assist members with their financial needs. Loans are made at low interest rates from the accumulated savings of members. A Credit Union is not a labor union; it is not a loan company nor a finance house. It is a group of people who have joined forces to manage their money.
As a member owned, not-for-profit financial institution, The North Olmsted Schools Federal Credit Union commits all our efforts to our membership. We seek to offer the finest products and services available while giving the best value to our members.
Low-cost loans are one of the greatest benefits of credit union membership. You will find low rates, affordable payments and personal service right here. All loans are fixed rates with no penalty for early payoffs.
To use the services of the Credit Union, all members must have a regular share account. Required amount in savings depends on the service. Dividends are calculated on the day of deposit. The dividend rates are subject to Board review and approval every quarter.
The North Olmsted School Federal Credit Union strives to provide you with value-added services for your checking, savings, and loans; and now we can also offer you access to financial services. We have formed a unique partnership with Lineweaver Financial Group for all your financial planning needs.