NCUA Grants Huge Faith-Based Expansion

ALEXANDRIA, Va. – NCUA on Friday reported it has approved an application from Ohio Catholic FCU in Akron, Ohio, to serve 1.3 million parishioners, students and employees in Catholic churches in Columbus, Steubenville, Youngstown, Toledo and Cincinnati, one of the biggest faith-based expansions ever granted.

Processing Content

The $155-million credit union was chartered in 1954 to serve parishioners at St. Monica Parish.

NCUA also approved a request from Alexandria, La.-based BEL (Baptist Employees of Louisiana) FCU to serve 375,000 members of the Louisiana Baptist Convention.


For reprint and licensing requests for this article, click here.
Growth strategies
MORE FROM AMERICAN BANKER
Load More