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credit union

Truecore

Newark, OH · Est. 1940
B
Trust Grade
Strong
Score: 84/100

Truecore is a credit union based in Newark, Ohio, established in 1940, with $254 million in total assets serving 16,596 members. By Trust Grade it ranks 153rd of 195 credit unions we track in Ohio. Its net worth ratio of 9.1% trails most similarly sized credit unions (17th percentile), versus a Ohio median of 12%. It was profitable over the most recent period, with a 0.51% return on assets. No consumer complaints against Truecore appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$253.8M
$100M–1B institution
Members
16,596
Shares & deposits
Net worth ratio
9.1%
Bottom 17% of $100M–1B peers · Ohio median 12%
Return on assets
0.5%
Bottom 38% of $100M–1B peers · Ohio median 0.69%
Rank in Ohio
#153
of 195 credit unions

How Truecore compares to Ohio peers

Net worth ratio
Bottom 17% of $100M–1B peers
Truecore
9.1%
Ohio median
12.0%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 38% of $100M–1B peers
Truecore
0.5%
Ohio median
0.7%
Higher ROA = more profitable relative to asset base

How we graded Truecore

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

Financial strength
84/100
Customer experience
n/a
Overall
B · 84
  • Well-capitalized (9.1% capital ratio)
  • Profitable (ROA 0.51%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

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

Are deposits at Truecore insured?

Yes. Truecore 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.

Truecore: frequently asked questions

Is Truecore a good credit union?

Truecore earns a Bankzia Trust Grade of B (84/100, "Strong"), based on a financial-strength score of 84/100 (it has no CFPB complaints on record). Well-capitalized (9.1% capital ratio); Profitable (ROA 0.51%).

Is Truecore NCUA-insured?

Yes. Truecore 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 Truecore?

Truecore holds $254 million in total assets, ranking 153rd of 195 credit unions we track in Ohio. It serves 16,596 members.

Does Truecore have CFPB complaints?

No CFPB complaints against Truecore 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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