Credit union
Directions Credit Union
Toledo, Ohio, Lucas County, OH
$1.4B in total assets and 97,609 members, the 364th largest of 4,298 US credit unions and 7th of 157 headquartered in Ohio.
- NCUA charter
- 60978
- Charter
- State chartered (OH)
- Chartered
- 1953
- NCUA insured since
- 1972
- Low-income designation
- Yes
- Website
- http://www.directionscu.org
At a glance
Compared with 445 US federally insured credit unions with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.4B | 25% | $2.1B | |
| Loans | $1.1B | 34% | $1.5B | |
| Deposits (shares) | $1.2B | 29% | $1.8B | |
| Members | 97,609 | 41% | 118,683 | |
| Return on assets | 1.15% | 76% | 0.82% | |
| Net interest income to assets | 3.65% | 66% | 3.42% | |
| Efficiency ratio | 67.8% | 36% | 71.8% | |
| Net worth ratio | 9.66% | 22% | 10.89% | |
| Loans to shares | 93% | 66% | 88% | |
| Cost of deposits | 1.46% | 26% | 1.79% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 7.7% a year over 10 years and 4.4% a year over the last 5, including 3 mergers in the last 10 years. Membership fell 1.8% a year over 5 years, to 97,609.
Dashed lines mark larger mergers, listed below.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| Jun 2018 | Education Plus Credit Union Credit union, Monroe, MI | $120M |
| Dec 2017 | Toledo Teamsters Federal Credit Union Credit union, Toledo, OH | $4M |
| Jan 2017 | West Holmes School Employees Credit Union Credit union, Millersburg, OH | $317K |
| Jan 2015 | Oardc Credit Union Credit union, Wooster, OH | $453K |
Where they operate
22 branches in 8 counties.
1 of 22 branch locations are approximate (ZIP code centers).
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Lucas County, OH | 8 | 5.5% | 4 of 37 |
| Richland County, OH | 5 | 11.4% | 3 of 15 |
| Monroe County, MI | 3 | 8.8% | 4 of 11 |
| Wood County, OH | 2 | 4.0% | 7 of 25 |
| Ashland County, OH | 1 | 5.6% | 6 of 13 |
| Huron County, OH | 1 | 3.7% | 9 of 12 |
| Tuscarawas County, OH | 1 | 2.5% | 10 of 13 |
| Wayne County, OH | 1 | 2.0% | 11 of 16 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2016 | 20 | |
| 2017 | 21 | +1 |
| 2018 | 23 | +2 |
| 2019 | 24 | +1 |
| 2020 | 24 | 0 |
| 2021 | 24 | 0 |
| 2022 | 24 | 0 |
| 2023 | 22 | −2 |
| 2024 | 22 | 0 |
| 2025 | 22 | 0 |
| Jun 2026 | 22 | 0 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 0.37% | 0.69% |
| Net worth ratio | 9.66% | 10.89% |
| Loans to shares | 93% | 88% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in Ohio
Most branches in Lucas County, OH
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.