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Fasson Employees Federal Credit Union Rates & Review August 2026

Content reviewed by
Brian McKay Brian McKay
Brian McKay

Brian McKay

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Editorial Disclosure The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
| ✓Fact Checked | Rates Last Updated and Verified: August 28, 2026

Fasson Employees Federal Credit Union's 12 Month Maturity rates are at 4.25%, 06 Month Maturity rates are at 4.00%. MonitorBankRates evaluates the financial stability of Fasson Employees Federal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.75%. Rates last updated and verified on 08/28/2026.

Fasson Employees Federal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Fasson Employees Federal Credit Union? Share your experience about Fasson Employees Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Fasson Employees Federal Credit Union.

Overall Health & Safety Grade ?
A+
Exceptional Health Score: 99/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
1.75%
Excellent Lower than avg
Fasson Employees Federal Credit Union
Main
250 Chester St # 1 E
Painesville, OH 44077 4118
http://www.fassoncreditunion.com/
Member NCUA

Fasson Employees Federal Credit Union CD Rates

Product Rate APY Term View More
12 Month Maturity 4.25% 4.25% 12 months
Min Deposit $1,000
Details Dividends are paid at maturity. Additional deposits are not allowed. Available terms may vary. No early withdrawals without a penalty.
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.75%
06 Month Maturity 4.00% 4.00% 6 months
Min Deposit $1,000
Details Dividends are paid at maturity. Additional deposits are not allowed. Available terms may vary. No early withdrawals without a penalty.
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.75%

Fasson Employees Federal Credit Union Savings Rates

Product Rate APY View More
Christmas Club 0.40% 0.40%
Min Balance $0
Details Dividends are compounded daily and paid quarterly. Dividends are paid from available income and may change without notice.
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.75%
Misc. Clubs 0.40% 0.40%
Min Balance $0
Details Dividends are compounded daily and paid quarterly. Dividends are paid from available income and may change without notice.
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.75%
Vacation Clubs 0.40% 0.40%
Min Balance $0
Details Dividends are compounded daily and paid quarterly. Dividends are paid from available income and may change without notice.
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.75%
Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
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Methodology & Data Sources

MonitorBankRates Star Rating
Our rating for Fasson Employees Federal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather Fasson Employees Federal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Fasson Employees Federal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Fasson Employees Federal Credit Union
Website http://www.fassoncreditunion.com/
Address 250 Chester St # 1 E, Painesville, OH 44077 4118
Phone 440-358-2100
Fax 440-358-2102
President Randell Deluca
CEO Robin Hall
Full-Time Employees 3
Part-Time Employees 0
Branch Locations 1
ATM Locations 0
NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A+ (99/100)
Texas Ratio
1.75%
Return on Assets (ROA)
1.6951%
Return on Equity (ROE)
8.2699%
Non-Performing Loans Ratio (NPL)
0.92%
Total Assets
13,747,870
Total Amount of Shares and Deposits
10,864,370
Total Shares and Deposits < 1 Year
10,864,370
Total Insured Shares and Deposits > $250K (item 17 less item K)
10,864,370
Total Interest Expense (Sum of items 6 8)
134,709
Share Certificates
111
Number of Accounts for Regular Shares
1,700
Net Income (unless the amount is already included in Undivided Earnings)
37,399
Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)
Well Capitalized
Net Worth Classification if credit union is a new credit union
Well Capitalized
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
2,371,854
Total Liabilities
10,946,412
Source: NCUA — Last Updated 09/30/2025

Customer Reviews

There are no reviews for Fasson Employees Federal Credit Union yet. Feel free to create one below.
Looking for more bank and credit union reviews? Visit our Community Reviews hub to read what other members are saying, ask questions, and join the conversation.
Average Rating
☆☆☆☆☆
Total Reviews
0
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Frequently Asked Questions About Fasson Employees Federal Credit Union

How many branches does Fasson Employees Federal Credit Union operate?

Fasson Employees Federal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Fasson Employees Federal Credit Union?

Yes, to access services at Fasson Employees Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Fasson Employees Federal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Fasson Employees Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Fasson Employees Federal Credit Union offer online and mobile banking?

Most modern institutions like Fasson Employees Federal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: http://www.fassoncreditunion.com/.

Current Fasson Employees Federal Credit Union Rates

  • 12-Month CD4.25%
Retrieved from our database of financial products. Rates subject to change.

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