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OC Federal Credit Union: A Modern Name for Ohio’s Largest Faith-Based Financial Institution

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Ohio Catholic Federal Credit Union Changes Name to OC Federal Credit Union

The mission remains the same for Ohio’s OC Federal Credit Union, while embracing a shorter name for digital platforms.

CLEVELAND, Dec. 13, 2024 — Ohio Catholic Federal Credit Union changed its name to OC Federal Credit Union on December 9, 2024. The Ohio-based credit union began its 70-year history in 1954 as St. Monica Garfield Heights Federal Credit Union. With a vision to serve members, it has grown to be the largest faith-based credit union in Ohio, boasting $267 million in assets and serving approximately 13,000 members. The charter was expanded in 2013 to include all Catholic dioceses in Ohio.

Under the leadership of CEO Todd Turner and the dedicated Board of Directors, Ohio Catholic expanded financial services to encompass a range of offerings, including Ohio CU Mortgage (a full-service mortgage company), commercial lending, and a robust digital consumer lending program. In 2025, Ohio CU Financial Services will be introduced to address members’ insurance needs.

“With the reality of a digital presence being so important to reach and serve members, shortening our name at this time just made sense,” explains Todd Turner. “OC represents Ohio Catholic. We kept our heritage and membership at the forefront of our name and gave it a fresh, modern update.”

The rollout had minimal impact on members as current systems switched to the new branding. The website has a new URL but redirects from the former address to give members time to adapt to the changes. Branches and marketing now display the new logo and designs, while the brand colors remain consistent, signifying that the name change is more of a “refresh” rather than a shift in direction for the credit union.

“Our mission and purpose remain the same: to impact the Catholic community by focusing on faith, financial solutions, and education,” Turner stated. The focus on education is particularly prominent with their Bank In School program, which brings their Genesis Savings account for students into schools. The program awards scholarships and encourages students to learn to save and manage money wisely.

“It is an exciting year for us as we celebrate our 70th anniversary as Ohio Catholic and launch OC Federal for the future,” said Turner. “Any decision we make is about serving our members and providing them with every financial tool we can. Building financially strong communities impacts the future for Ohio.”

About OC Federal Credit Union

OC Federal has proudly served members since 1954, offering financial solutions tailored to meet the needs of communities in Ohio and help them thrive. As the largest faith-based credit union in Ohio, with $267 million in assets and over 13,000 members, OC Federal is a member-owned, not-for-profit financial institution. It provides competitive rates, personalized service, and innovative tools to assist members in achieving their financial goals. With five branches across the state, along with Ohio CU Mortgage, commercial banking, and plans for Ohio CU Financial Services in 2025, OC Federal is committed to engaging with and positively impacting the financial lives of its members.

Harper Connolly
Harper Connollyhttps://usatimes.io/
Connolly Harper is an insightful and trusted voice in personal finance and economic trends. With a focus on helping readers make informed decisions about their money, Connolly covers a wide range of topics from investment strategies and saving tips to financial technology and market insights. He has a knack for breaking down complex financial concepts into clear, actionable advice, empowering readers to take control of their financial futures with confidence. Connolly’s background in economics and finance gives him the expertise to analyze market trends and provide readers with timely information on everything from managing debt to maximizing retirement plans. Outside of writing, you can often find him diving into the latest financial reports or mentoring individuals on personal wealth management strategies.

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