Credit union · NCUA insured
Fasson Employees' Federal Credit Union
A $13.9M credit union headquartered in Painesville, OH, with 1,293 members and 1 branch in Ohio. Best rates: CDs 4.25% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: not enough terms or balances published to score. Savings: only special-purpose accounts (IRA, youth) are published. Credit cards: no rates found on its website.
- CDs—4.25%CD rates →
- Savings—0.40%Savings rates →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Fasson Employees' Federal Credit Union
Established in 1959, Fasson Employees' Federal Credit Union is headquartered in Painesville, Ohio.
The financial cooperative was formed by Avery Dennison employees and is member-owned and governed by a volunteer board of directors.
- Headquarters
- 250 Chester St # 1-E, Painesville, OH 44077-4118
- NCUA charter
- 13115
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees of Avery Dennison Corporation who work in the United States are eligible for membership.
Family and household
- Members' spouses, children, and certain other relatives living in the same household are eligible for membership.
Other ways
- Retired members who retain membership in Fasson Credit Union remain eligible.
Cost to join
- Opening a Share/Savings account requires a deposit of $25.00 or completing a payroll deduction application.
Branches
1 branch in Ohio
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Ohio
1 branch
- MainMain office250 Chester St # 1-E, Painesville, OH 44077Directions
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 | 20.60% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.42% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.89% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $46 | $59 | — |
- CapitalNet worth ratio20.60%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.42%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.89%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$46Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million 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 Fasson Employees' Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.