Ohio Credit Unions laws & compensation compliance analysis

Ohio Credit Unions: What you need to know

A credit union is a member-owned financial institution organized to encourage savings and to provide loans with competitively low interest rates to members. In Ohio, as elsewhere, credit unions have evolved into sophisticated financial institutions offering members a variety of services.
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Ohio has detailed and complex requirements for the formation of credit unions. Because of the complexity of these laws, an organization seeking to set up a credit union needs expert assistance. It is often easier to join an existing credit union rather than start a new one. Advice and assistance are available from:
Ohio Department of Commerce
Division of Financial Institutions
77 South High Street, 21st Floor
Columbus, OH 43215-0121
614-728-8400
Ohio Credit Union League
5815 Wall Street
Dublin, OH 43017
614-336-2894
800-486-2917
http://www.ohiocul.org

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Ohio Credit Unions Resources

Type Title
White Papers Credit Union Memberships Can Save Employees Money
See all Credit Unions Resources