Champion Credit Union

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About

Champion Credit Union, Toledo

Champion Credit Union was chartered by the state of Ohio in 1941. At the time membership was open to only employees of Champion Spark Plug Company. Since that time Champion Credit Union has grown to include more than 5200 members and assets of over 39 million dollars. Our field of membership has expanded to include several other select groups.Credit unions exist to provide services and benefits to members, not to make a profit for outside stockholders. This means that after expenses and required reserves are met, the earnings of the credit union are returned to members in the form of dividends. Champion Credit is usually able to offer higher dividend rates and lower rates on loans and services than other financial institutions. Our financial return is used for the benefit of the membership. "Not for profit, not for charity, but for service."

Category

Banks & Financial Institutions