The credit union was established on
November 30, 1937 as the Hoover Employees Federal Credit Union. Thanks to progressive thinking by the Board of Directors,
a community charter was obtained in 1980. This new charter opened the field of membership essentially to everyone living in
or employed in North Canton, Ohio. At that time, the name was changed to Hoover-Community Federal Credit Union. As time went
by, an extensive study of the credit union as well as numerous others, with guidance from the National Credit
Union Administration, was done and a decision was made to change the credit union's name again. The new name became First
Ohio Community Federal Credit Union. The intention was to reduce the confusion about who was able to become a credit
union member. In 2001 the charter was changed again to include anyone worshiping or attending school in North Canton.
In July 2003, NCUA awarded
the approval for a county-wide community charter for Stark County, Ohio. This expansion allows the
credit union the ability to provide financial services to anyone who lives, works, worships, or attends school anywhere throughout
Stark County.
Our rules, regulations, policies, and procedures are intended to
benefit and protect both the Credit Union and its members. Being a Federally Chartered Credit Union, NCUA is the responsible
regulator. A benefit of the federal charter is funds are insured to at least $100,000 per member deposit insurance
through the National Credit Union Share Insurance Fund and backed by the full faith and credit of the United States Government.
The Board of Directors, Staff, and Management of First Ohio CFCU would like
to welcome you as a credit union member.
