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Telhio was founded as the credit union for the Columbus Telephone Co. employees, but broadened its membership in 1999. In October 2016, Telhio acquired Hamilton, Ohio based Chaco Credit Union, securing its position as the 5th largest Credit Union in the state of Ohio, ranking the 37th largest financial institution in the state.
Wright-Patt Credit Union corporate office building in Beavercreek, Ohio. Wright-Patt Credit Union is a state-chartered credit union in Ohio, federally insured by the National Credit Union Administration (NCUA). [2] Like all credit unions, WPCU is governed by a board of volunteers, elected by and from its membership. [10]
Bank accounts and credit union accounts are both insured for up to $250,000 per depositor. The only difference is banks are insured by the Federal Deposit Insurance Corporation and credit union ...
In 1980, Farmers & Merchants Bank, Milford Center and The First National Bank of Burton merged with Huntington Bancshares. [14] In 1981, the bank acquired Alexandria Bank Company and renamed it The Huntington State Bank, with a loan production office opening in Cincinnati. In 1982, the bank merged with the Reeves Banking and Trust Company. [14]
Bank/credit union trends Branches are closing rapidly: A little more than 4 percent of bank branches closed from June 9, 2022 to June 30, 2023, according to Bankrate’s analysis of FDIC data.
The credit union operated in the Akron Post Office until 1968 when the now administrative office building was built on Voris Street in Akron, Ohio.there was an office in Columbus Ohio for a short time. In 1975, the Credit Union changed its name to Buckeye State Credit Union. It has branches in Mansfield, OhioShaker Heights, Akron, Canton and ...
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