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credit union

Local 50 Plumbers & Steamftrs

Northwood, OH · Est. 1969
A
Trust Grade
Excellent
Score: 98/100

Local 50 Plumbers & Steamftrs is a credit union based in Northwood, Ohio, established in 1969, with $11 million in total assets serving 1,709 members. By Trust Grade it ranks 14th of 195 credit unions we track in Ohio. Its net worth ratio of 15.4% is stronger than 58% of similarly sized credit unions, versus a Ohio median of 12%. It was profitable over the most recent period, with a 1.03% return on assets. No consumer complaints against Local 50 Plumbers & Steamftrs appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$11.3M
<$100M institution
Members
1,709
Shares & deposits
Net worth ratio
15.4%
Top 42% of <$100M peers · Ohio median 12%
Return on assets
1.0%
Top 30% of <$100M peers · Ohio median 0.69%
Rank in Ohio
#14
of 195 credit unions

How Local 50 Plumbers & Steamftrs compares to Ohio peers

Net worth ratio
Top 42% of <$100M peers
Local 50
15.4%
Ohio median
12.0%
Higher capital ratio = stronger financial cushion
Return on assets
Top 30% of <$100M peers
Local 50
1.0%
Ohio median
0.7%
Higher ROA = more profitable relative to asset base

How we graded Local 50 Plumbers & Steamftrs

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (15.4% capital ratio)
  • Strongly profitable (ROA 1.03%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Local 50 Plumbers & Steamftrs over the analysis window. For a smaller institution this is common and counts in its favor.

Are deposits at Local 50 Plumbers & Steamftrs insured?

Yes. Local 50 Plumbers & Steamftrs is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Local 50 Plumbers & Steamftrs: frequently asked questions

Is Local 50 Plumbers & Steamftrs a good credit union?

Local 50 Plumbers & Steamftrs earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (15.4% capital ratio); Strongly profitable (ROA 1.03%).

Is Local 50 Plumbers & Steamftrs NCUA-insured?

Yes. Local 50 Plumbers & Steamftrs is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.

How big is Local 50 Plumbers & Steamftrs?

Local 50 Plumbers & Steamftrs holds $11 million in total assets, ranking 14th of 195 credit unions we track in Ohio. It serves 1,709 members.

Does Local 50 Plumbers & Steamftrs have CFPB complaints?

No CFPB complaints against Local 50 Plumbers & Steamftrs appear in our data over the analysis window, which is typical for a credit union of this size.

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Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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