Minerva, Ohio-based Minerva Federal Credit Unions operates within the Depository Institutions sector of Depository Institutions business/industry as an individual Federal Credit Unions establishment with an estimated annual revenue of $564,824 at one location and employs around three people at this site.
Minerva Area Federal Credit Union provides members with access to depositing, withdrawing funds and borrowing loans at its facility as well as online banking and mobile apps for banking services. Our mission is to offer member-centric solutions that enable financial journeys.
Membership in the Minerva Local School District is open to anyone living, working, attending school and their immediate family members residing within its borders.
Values & Mission
Minerva Area Federal Credit Union offers members an affordable way to save, invest and access loans. As part of its dedication to serving its local community, membership is open to those living, working or attending school within its boundaries.
Gain an in-depth view of Minerva Area FCU by reviewing this in-depth Financial Performance Report compiled from the 2nd Quarter 2023 NCUA Call Report. Covering assets, liabilities, income and expenses this report gives a complete picture of its finances.
Routing Number & Locations
An ABA Routing Number (or Bank Identification Number, for short) is the nine-digit code that uniquely identifies financial institutions. It serves as the identifier when sending payments via Fedwire or using other forms of automated transfer such as ACH direct deposits and bill payments or automated transfers.
Minerva Area Federal Credit Union was founded in 1971 at 3570 Union Avenue South East in Minerva, Ohio. Membership is open to anyone living, working, worshipping or attending school within the Minerva Local School District as well as their family members.
Learn quickly about this credit union with our financial summary based on the 2nd Quarter 2023 NCUA Call Report. Discover its assets, liabilities, income and expenses.
Checking
Minerva Area Federal Credit Union has been operating in Minerva Village since 1971 and since recently purchased land nearby to build a new office on. Once finished, they plan to hire two full-time employees as a result. Minerva Village Council approved an abatement on its tax abatement value of approximately $1.5 million according to Stark County real estate records. They offer banking and lending services; as well as accounts with different features including online and mobile banking tools for members.
Savings
Minerva Area Federal Credit Union offers banking services including savings accounts, checking accounts, loans and other financial products to communities located throughout Ohio.
A financial institution’s net worth ratio of seven demonstrates its sound capitalization.
Since 1971, Minerva Credit Union has been open for membership by anyone living, working, worshipping or attending school within its district boundaries – this also extends to family members of current members. Recently the credit union purchased less than an acre adjacent to its current site for expansion purposes.
Loans & Credit Cards
Minerva Area Federal Credit Union offers financial solutions such as checking, savings, loans and banking essentials like online and mobile access that help manage finances effectively.
Credit union is a member-owned cooperative serving Ohioan communities and known for its community business development initiatives.
Minerva, located in Stark County, is a charming small town with a suburban rural mix vibe. Residents enjoy living here as there is a strong sense of community among its inhabitants, providing an enjoyable quality of life for families living here.
Retirement Planning & Investments
MAFCU is a member-owned institution dedicated to helping its members save and access loans more easily compared to banks which focus more heavily on making profits for shareholders than helping savers and loan applicants.
MAFCU is currently developing a new office facility on land it purchased in 2021. The project will cost around $1.5 million, and village officials have offered up to a 50% tax abatement over 15 years for this investment.
Securities and advisory services are provided through LPL Financial (LPL), an investment advisor and broker/dealer registered with FINRA/SIPC. RFCU and RBS do not operate as registered broker-dealers and do not offer brokerage or insurance products.
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