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Steel Valley Credit Union Share
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Overview Share
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Steel Valley Credit Union is a federal credit union based in Cleveland, Ohio. It has been opened since 1966, for 56 years.

With around $24,050,000 in assets, Steel Valley Credit Union is considered to be an average size credit union. It has 2 branches and 2 ATM locations.

About Share
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Address 3840 Pearl Road
Cleveland, Ohio 44109
Website http://www.steelvalleyfcu.org
Phone (216) 741-9430
Fax (216) 741-2670
CEO Irwin F. Caraballo
President of the Board Chris Dines
Services Offered
Score Card Share
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56 years
Years in business
Opened in 1966
Well Capitalized
Net worth classification
Source: NCUA
4,640 members
Membership type: Multiple common bond – primary and fabricated metals
Average number of members
422:1
Credit union member to staff ratio
422 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$24,051,588
Total assets
Average size
2 branches
Compared with an average of 4 nationally and 3 in Ohio
Above average number of branches
0.05%
Savings interest rate
Compared to 0.3% nationally
10.93%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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2 branches
Compared with an average of 4 nationally and 3 in Ohio
Above average number of branches
Steel Valley Credit Union Branch Locations

Steel Valley Credit Union: Cleveland
3840 Pearl Road
Cleveland, Ohio 44109
ATM Available
Steel Valley Credit Union: Metro
2500 Metrohealth Drive
Cleveland, Ohio 44109
ATM Available
Members Share
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4,640 members
Membership type: Multiple common bond – primary and fabricated metals
Average number of members

With 4,640 members, the Steel Valley Credit Union is considered to be a medium size credit union. It is larger than 55% of credit unions.

Fees Share
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$88
Average fee per member
The average fee per member at the Steel Valley Credit Union is $88, which is high compared to most credit unions. This rate is higher than 79% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Steel Valley Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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422:1
Credit union member to staff ratio
422 per each FTE employee
Compared to 411:1 nationally
Fewer staff
11 staff members
FTE (full-time equivalent)
0% of employees are part-time
11 full-time, 0 part-time

Steel Valley Credit Union has 11 full-time staff members and 0 part-time staff members.

The number of members relative to staff members is an indication of how well staffed the credit union is. Steel Valley Credit Union has around 422 members per staff, a higher ratio compared to other credit unions.

Assets Share
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$24,051,588
Total assets
Average size
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
10.6%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$9,346
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 43% of credit unions.

Steel Valley Credit Union holds a total of $15,820,000 in loans and leases, which is about $9,346 per member on average.

Savings interest rate Share
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0.05%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Steel Valley Credit Union pays 0.05%.

Loan rates Share
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10.93%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
14.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
6.00%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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4.00%
New car loan rate
Compared to 4.0% nationally
7.00%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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4.65%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.39%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Steel Valley Credit Union
Credit Union: Well Capitalized Cleveland, Ohio 4640.0 $24 million Well Capitalized
Steel Valley Credit Union: Cleveland
Credit Union Branch: 3840 Pearl Road
Cleveland, Ohio 44109 ATM Available
Steel Valley Credit Union: Metro
Credit Union Branch: 2500 Metrohealth Drive
Cleveland, Ohio 44109 ATM Available
Steel Valley Credit Union: Cleveland ATM
Credit Union ATM: 3840 Pearl Road
Cleveland, Ohio 44109
Steel Valley Credit Union: Metro ATM
Credit Union ATM: 2500 Metrohealth Drive
Cleveland, Ohio 44109
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