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Superior Credit Union is a credit union serving Cincinnati, Toledo, and Lima, Ohio, and surrounding regions. It originally served employees of the Superior Coach Company, and after the latter closed in 1981 it expanded by absorbing other credit unions and extending its geographic footprint from Lima to a wide area of western Ohio .
And Superior was the first credit union to get one for an area that had more than 50,000 residents at the time." Superior now employs more than 250 people and offers services such as mortgages.
Superior Coach was a coachbuilder in the American automotive industry. Founded in 1909 as the Garford Motor Truck Company, Superior is best known for constructing bodies for professional cars ( hearses) and school buses. Following major downturns in both segments in the late 1970s, Superior was liquidated by its parent company in 1980.
Feb. 2—LIMA — Superior Credit Union has announced the approval of grant funding for 30 students. The Superior Foundation will grant $1,000 to students who are a member of the credit union.
The National Credit Union Administration is the U.S. independent federal agency that supervises and charters federal credit unions. As of December 31, 2022, there were 4,760 federally insured credit unions in the United States with 135.3 million members.
Jan. 10—LIMA — Superior Credit Union has just announced a new program. The state of Ohio Treasurer's office has partnered with Superior to create an Ohio Homebuyer Plus savings account.
A credit union is a member-owned nonprofit cooperative financial institution. They may offer financial services equivalent to those of commercial banks, such as share accounts ( savings accounts ), share draft accounts ( cheque accounts ), credit cards, credit, share term certificates ( certificates of deposit ), and online banking.
All of their money would be protected by the NCUSIF. If that same individual has $350,000 in share accounts at one credit union, their $350,000 would only be insured up to $250,000. Credit union ...