12/7/2015

LIMA, OH— Following the affirmative membership vote earlier this year, the Ohio Department of Financial Institutions officially granted a state charter to Superior Federal Credit Union, now known as Superior Credit Union, Inc. The credit union has selected a new logo and is in the process of updating signage, forms, and marketing material.

Even after conversion to a state charter, Superior remains federally insured by the National Credit Union Share Insurance Fund.

Superior can now accept new members who live, work, worship, or attend school in 17 northwest Ohio counties (up from 6 counties previously). Those counties include Allen, Auglaize, Putnam, Van Wert, Mercer, Hardin, Paulding, Defiance, Henry, Wood, Hancock, Seneca, Wyandot, Marion, Union, Logan, and Shelby.

“We’re excited to have this opportunity to bring our products and services to this expanded geographical area,” said Phil Buell, CEO, Superior Credit Union. “Superior is well-known for our offering of higher rates on deposits, competitive loan rates, and lower service fees. But what sets Superior apart is our high-level commitment to technology and quality service.”

Buell notes that Superior offers one of the industry’s highest rated online and mobile banking products, and is the leading mortgage lender in Allen, Auglaize, and Putnam counties.

Superior Credit Union, headquartered in Lima, Ohio, is a full-service member-owned financial cooperative that serves members in 17 Northwest Ohio counties.  Superior CU currently has 10 office locations serving over 53,000 members.  With assets of over $525 million, Superior was named one of the Top 200 Healthiest Credit Union in America 2015.  The credit union also provides consumer and mortgage loans, brokerage services, insurance services, checking and savings accounts, and small business services and loans.