Profile picture of Century Federal Credit Union

Century Federal Credit Union

Cleveland, OH
2 staff members
4 28 Reviews
Company Profile

Century Federal Credit Union is a not-for-profit financial cooperative existing to serve its members. Credit unions, like Century Federal, are less likely to charge service fees than banks, that are for-profit institutions. When and if we charge, the fees tend to be lower than banks. We do not issue stock or pay earnings dividends to outside stockholders like other financial institutions. Instead, earnings are returned to members in the form of lower loan rates, higher interest on deposits and lower fees. Century Federal Credit Union has come a long way since being chartered in 1948 and is one of the largest credit unions in Northeast Ohio with approximately $400 million in assets and serving the over 27,000 members at hundreds of Select Employee Groups throughout greater Cleveland. Hundreds of local Cleveland, Ohio companies provide Century Federal's services and total financial wellness to their employees and family members as an additional employee benefit. Mission:?Century Federal Credit Union is a premier financial cooperative serving as its members' primary financial institution by providing a sense of community and an array of services that fulfill essential member needs. Our mission is to provide members with secure, accurate and competitive financial services in the most effective way possible at low cost.

Company size

51 to 200 Employees

Type

Nonprofit Organization

Revenue

$100 to $500 million (USD)

Industry

Banks & Credit Unions

Competitors

Unknown

Founded

1948

Staff Members
Worked since Monday, Jul 08 2024
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