Credit union · Privately insured
Commstar Credit Union
Top CarrotA $102.5M credit union headquartered in Elyria, OH, with 7,732 members and 2 branches in Ohio. Best rates: CDs 4.50% and savings 1.95% APY.
Commstar Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 94% of U.S. banks and credit unions
#2 of 60 in Cleveland, OH metroHow the score works →
Deposits are privately insured, not by the federal government.
About Commstar Credit Union
Founded on January 25, 1938 as B-W Employees Federal Credit Union, CommStar Credit Union is a member-owned not-for-profit financial institution.
The credit union operates branch locations in Elyria and Lorain, serving Lorain, Cuyahoga, Erie, and Huron counties.
CommStar Credit Union provides business lending services, including SBA loans.
- Headquarters
- 832 Cleveland St, Elyria, OH 44035-4141
- NCUA charter
- 95008
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Membership is open to anyone who lives, works, worships, or attends school in Lorain County, Cuyahoga County, Erie County, or Huron County.
Branches
2 branches in Ohio
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Ohio
2 branches
- Main OfficeMain office832 Cleveland St, Elyria, OH 44035Directions
- Lorain Office5609 W Erie Ave, Lorain, OH 44053Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 9.73% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.55% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.84% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $75 | $76 | — |
- CapitalNet worth ratio9.73%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.55%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.84%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$75Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Commstar Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.