Member Eligibility
Becoming a member of Commodore Perry is like joining a warm, welcoming community where your financial needs are truly understood. If you're looking to open an account with us, eligibility is quite simple. We invite individuals who live, work, worship, or attend school in the area to join our credit union family. This means if you're part of the Elmore community or surrounding areas, we would love for you to come on board and enjoy the benefits we offer. Membership brings you access to personalized banking services tailored just for you, from checking accounts and savings options to loans that suit your lifestyle. To get started, it's easy! Just visit us at our branch located at 365 Rice St Elmore Oh 43416, or give us a call at (419) 862-0377 for more information. You can also check out our eligibility criteria in detail by visiting [this link]. We believe that everyone deserves a chance to thrive financially, and we're here to help you every step of the way!
Financial Strength
At Commodore Perry, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are committed to ensuring that your money is in safe hands while providing you with the best possible services. With a net worth of $9,734,233, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 10.98% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $10,282,151 in share certificates and $22,007,370 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $9,056,026, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $7,985,882 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our lending capacity supports your financial goals across various sectors with $60,840,457 in total loans and leases and $998 in used auto loans. Our net income of $324,140 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 27 full-time employees, ensuring our branches are always ready to serve you with a knowledgeable team. Net Shares (Funds available for lending and investments): $637,410. Total Share and Deposit Accounts: 15,007, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Commodore Perry is your trusted partner. Visit us at 365 Rice St Elmore OH 43416 or call 419-862-0377 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.
