Shaker Heights Federal Credit Union Shaker Heights, Ohio
Shaker Heights Federal Credit Union is a federal credit union headquartered in Shaker Heights, OH, established in 1940 (NCUA charter 3787), and it is regulated and insured by the NCUA. At Q2 2026 it reported 131 members and total assets of $1.2M (down 4.7% from Q2 2025), the 186th largest of 191 credit unions headquartered in Ohio. Its net worth ratio was 24.32% at Q2 2026, in the well capitalized band.
Also written as Shaker Heights FCU
BankRegReports is independent of Shaker Heights Federal Credit Union and never asks for online banking logins or passwords.
Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- Federal credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 3787
- Headquarters
- Shaker Heights, OH
- Established
- 1940
- Total assets, Q2 2026
- $1.2M
- Assets vs Q2 2025
- -4.7%
- Members, Q2 2026
- 131
- Net worth ratio, Q2 2026
- 24.32%
- Latest call report
- Q2 2026, NCUA 5300 · Shaker Heights Federal Credit Union call report
- Asset rank in state
- 186th of 191 in Ohio
- Routing number
- 241081503
- Branches
- 1
It has 10 fewer members than on June 30, 2025 (-7.1%). Its net worth ratio was up 1.14 percentage points from 23.18% on June 30, 2025. Used vehicle loans are its largest loan category, $223K of $460K in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 15.96% is above the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026. Its 24.32% net worth ratio is above that band's 14.31% median.
Credit unions similar in size in Ohio
Frequently asked about Shaker Heights Federal Credit Union
How big is Shaker Heights Federal Credit Union?
At Q2 2026 it reported total assets of $1.2M and 131 members.
Where is Shaker Heights Federal Credit Union headquartered?
It is headquartered in Shaker Heights, OH, United States.
When was Shaker Heights Federal Credit Union founded?
It was established in 1940, per NCUA records.
Is Shaker Heights Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 3787): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Shaker Heights Federal Credit Union?
It is a federal credit union, chartered and supervised by the NCUA.
Is Shaker Heights Federal Credit Union well capitalized?
Its net worth ratio was 24.32% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Shaker Heights Federal Credit Union's delinquency ratio?
Its delinquency ratio was 15.96% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Shaker Heights Federal Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 50.45% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Shaker Heights, OH 44120
- Charter Type
- Federal credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1940
- NCUA Charter #
- 3787
- RSSD ID
- 468879
- Members
- 131
- Potential members
- 500
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 2,479 credit unions with under $100M in assets, as of Q2 2026. It is in the top quartile on 1 of 7 ranked measures and in the bottom quartile on 5.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 11.14% to 19.38% | 24.32% | 14.31% | 87th top |
| Return on assets Middle half of peers: 0.16% to 1.30% | 0.02% | 0.72% | 22nd bottom |
| Return on equity Middle half of peers: 1.04% to 8.69% | 0.07% | 4.74% | 22nd bottom |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 3.13% | 3.93% | 20th bottom |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | 99.48% | 79.83% | 16th bottom |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 0.88% | 0.78% | 45th below |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | 15.96% | 0.86% | under 10th bottom |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 4.01% | 4.70% | 19th position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 50.45% | 58.92% | 37th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$1.2M total assets against $1.3M; $912K total shares and deposits against $968K; $460K total loans against $503K.
$294K net worth against $293K.
24.32% net worth ratio against 23.18%.
50.45% loan-to-share ratio against 51.94%.
15.96% delinquency ratio against 14.42%.
0.02% return on assets against 0.02%; 0.07% return on equity against 0.07%.
3.13% net interest margin against 2.97%.
131 members against 141.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 24.32% | 0.02% | 15.96% | 50.45% |
| March 31, 2026 | 23.73% | 0.01% | 19.51% | 42.26% |
| December 31, 2025 | 23.83% | 0.01% | 17.09% | 45.68% |
| September 30, 2025 | 23.66% | 0.01% | 14.90% | 50.34% |
| June 30, 2025 | 23.18% | 0.02% | 14.42% | 51.94% |
| March 31, 2025 | 23.19% | 0.02% | 15.11% | 51.19% |
Scroll sideways to see every column.
Watch flags
Loans 60+ days delinquent exceed 2% of the loan book, well above the credit-union industry norm of under 1%. Sustained high delinquency erodes net worth through charge-offs. BankRegReports band vs the <1% industry norm.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.