Fasson Employees
Fasson Employees is a credit union based in Painesville, Ohio, established in 1959, with $14 million in total assets serving 1,293 members. By Trust Grade it ranks 45th of 195 credit unions we track in Ohio. Its net worth ratio of 20.6% is stronger than 80% of similarly sized credit unions, versus a Ohio median of 12%. It was profitable over the most recent period, with a 0.89% return on assets. No consumer complaints against Fasson Employees appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Fasson Employees compares to Ohio peers
How we graded Fasson Employees
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (20.6% capital ratio)
- Profitable (ROA 0.89%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Fasson Employees over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Fasson Employees insured?
Yes. Fasson Employees 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.
Fasson Employees: frequently asked questions
Is Fasson Employees a good credit union?
Fasson Employees earns a Bankzia Trust Grade of A (97/100, "Excellent"), based on a financial-strength score of 97/100 (it has no CFPB complaints on record). Strongly capitalized (20.6% capital ratio); Profitable (ROA 0.89%).
Is Fasson Employees NCUA-insured?
Yes. Fasson Employees 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 Fasson Employees?
Fasson Employees holds $14 million in total assets, ranking 45th of 195 credit unions we track in Ohio. It serves 1,293 members.
Does Fasson Employees have CFPB complaints?
No CFPB complaints against Fasson Employees appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
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.
