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ohio credit union league

The Ohio Credit Union League was formed in the 1930’s when credit unions in the state decided that they needed a state trade association to promote the benefits of credit union membership. As the number of credit unions grew, a need for a permanent home for the Ohio Credit Union League led to the building of an office at 1201 Dublin Road in Columbus in 1954. Columbus was decided on because of the closeness to the legislature and because of its central location in the state.

The Ohio Credit Union League monitors the legislative scene, both state and federal, to determine what issues are being promoted that would have a bearing on the operations of credit unions. The Ohio Credit Union League has federal and states PACs which are used to support legislators who are supportive of credit unions. In addition, the Ohio Credit Union League supplies information on compliance issues and regulations affecting credit unions through their “hot line” telephone and through white papers written on compliance issues. Also, the Ohio Credit Union League provides updates on credit unions through media releases, public relations stories and their publications: e-Leaguer and Interest magazines. It is always the intention of the Ohio Credit Union League to keep their members, as well as the general public, up to date and interested in all things relating to credit unions.

The Ohio Credit Union League is a financial services co-op. It is the state trade association for the credit unions in Ohio. It has 500 members and 28 employees. The credit unions are between $100,000 and $900,000,000 in assets with membership between 50-150,000 people. They represent single sponsors as well we geographical, associational and church related groups.

Credit unions serve their members by providing a way to save and borrow money. Credit unions provide the same services as banks but with higher dividends and lower interest rates. Consumer loans, real estate loans, and small business accounts are available. On the saving side, regular savings, share certificates, money market accounts and IRAs are offered to members.

For more information about joining a credit union, please visit www.howtojoinacu.org or phone 800-486-2917, ext. 220.

Name: Ohio Credit Union League
CEO/Manager: Paul Mercer
Address: 5815 Wall Street
Dublin, OH 43017
Telephone: 614.336.2894
1.800.486.2917
Fax: 614.336.2895
Website Address: www.ohiocreditunions.org
Contact Person: Barbara Latz
Email: blatz@ohiocul.org