Geauga Credit Union

What Geauga Credit Union does

Geauga Credit Union is a community-based member-owned credit union founded in 1956 and headquartered in Burton, Ohio, serving residents and small businesses across Geauga County in Northeast Ohio. The institution operates two physical branches — the main office in Burton and a second branch in Middlefield — and offers a full retail banking product set including share savings, Regular and Super Draft checking, share certificates, IRAs, and specialty club accounts (Christmas, Vacation, Bill, Back-to-School), alongside a notably broad loan portfolio that spans auto, home equity, personal, business, motorcycle, horse & buggy, tractor, recreational vehicle, and share-secured loans. All deposits are NCUA-insured to at least $250,000. The technology stack is built on commodity third-party infrastructure: Realtime Home Banking for online account access, EZCardInfo for card management, Visa and MasterCard debit and credit products with Verified by Visa and SecureCode, Alliance One and Corporate One ATM networks for cash access, and a 24-hour voice response unit. No proprietary technology, AI capabilities, or mobile application are disclosed.

The credit union earns revenue primarily through net interest income on its loan portfolio, supplemented by transaction-based fees including $0.75 ATM withdrawal charges after 10 free monthly withdrawals, $35 NSF fees, wire transfer fees, stop payment fees, and account research fees. Pricing on deposits is competitive but mid-market, with savings APYs near 1.50% and certificate APYs ranging from 1.98% to 3.65%. The go-to-market is community-led and direct-to-consumer, relying on local branch presence, word-of-mouth, a Facebook page, email communications, and basic website tools (loan and savings calculators, online forms), with no formalized outbound sales motion. Customer segments include general consumer members (primary), students, children and youth (via a school-deposit pickup Savings for the Future program), and small business owners (via the DBLC business lending platform).

Geauga's most consequential strategic development is a pending merger with 7 17 Credit Union, effective April 1, 2026, with full operational transition completing in November 2026. 7 17 is the largest credit union in Northeast Ohio with more than 125,000 members and 12 branches across Trumbull, Mahoning, Portage, and Central Stark counties. Until November 2026, members retain existing account numbers, checks, debit cards, branch access, and online banking credentials; afterward, members will migrate to 7 17's services, branches, and ATM network, gaining materially broader geographic access and product capability.

Name

Geauga Credit Union

Legal name

Geauga Credit Union, Inc.

Website

https://geaugacreditunion.com

Company type

Private

Founded year

1956

Operating status

Operating

Headcount range

1–10 employees

Short description

Geauga Credit Union is a small member-owned community credit union in Northeast Ohio offering deposit accounts, consumer and small business loans, and digital banking through two branches, currently merging into 7 17 Credit Union effective April 2026.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Credit Unions (52213), Credit Unions (522130)

SIC

Savings Institutions, Not Federally Chartered (6036)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

akta.pro secondary industries

Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL), Credit Cards & Revolving Credit (FSABAAAC)

Keywords

• Community banking
• Credit union services
• Consumer lending
• Deposit accounts
• Mortgage loans

Headquarters

HQ city

Burton

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income: Primary revenue from interest earned on loan portfolio including auto loans, home equity loans, personal loans, and business loans. Credit union operates as member-owned cooperative returning value through favorable rates.
2. Fee Income: Various fees including ATM withdrawal/deposit fees, NSF fees ($35 per item), wire transfer fees, stop payment fees, account research fees, and statement copy fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

Geauga Credit Union is a member-owned community credit union offering NCUA-insured deposit products (savings, checking, IRAs, share certificates, club accounts) and a full range of consumer and business loan products (auto, home equity, personal, business, motorcycle, RV, tractor, and Visa credit cards). Members access services through two physical branches in Burton and Middlefield, Ohio, plus online home banking, bill pay, e-statements, ATMs, and partner-provided insurance products.

Product overview

Geauga Credit Union operates as a traditional credit union offering a unified portfolio of deposit and loan products. The core offerings include Deposit Accounts (Regular Share Savings, Draft Checking, Club Accounts, Share Certificates, IRAs) and Loan Services (Auto, Home Equity, Personal, Business, and specialty loans including Motorcycle, Horse & Buggy, Tractor). Online services including Home Banking, E-Statements, and Online Bill Pay complement in-branch services. Insurance products (Trustage) and various other financial services (Money Orders, Notary, Payroll Deduction) are offered as add-on modules. All deposits are NCUA-insured up to $250,000. The credit union maintains two physical locations in Burton and Middlefield, Ohio, with ATMs at multiple partner locations.

Differentiator

Problem solved

Functional benefit

Products and services

• Deposit Accounts NCUA-insured savings and checking products including Regular Share Savings, Draft Checking (Basic and Super Draft), Club Accounts, Share Certificates, IRAs, and Student Share accounts with competitive dividend rates for individual members in the Geauga County community.
• Loan Services Full range of credit union loans including Auto, Home Equity, Motorcycle, Horse & Buggy, Recreational Vehicle, Business, Personal, Share Secured, Open End, Tractor, Lawn Equipment loans, and Visa Credit Cards. No origination fees and flexible weekly/monthly payment options.
• Home Banking Free 24/7 online banking service allowing members to view statements, balance checkbooks, transfer funds, and make loan payments via the Realtime Home Banking platform.
• Online Bill Pay Free bill payment service from draft checking account with no fees when at least one payment is made per month; $6.00 fee applies for months with no bill pay activity.
• ATM Services ATM access at Burton Office, Geauga County Safety Center, UHHS Geauga Regional Hospital, Marathon Station Middlefield, and 3 Kraftmaid Cabinetry locations. First 10 ATM withdrawals from checking free; additional withdrawals $0.75 each.
• Home Equity Line of Credit Home equity borrowing up to 80% LTV (minus first mortgage), maximum $150,000. No appraisal cost, no prepayment penalties, no annual fees, with checkbook access. Priced at Prime Rate with 3.00% APR minimum.
• Savings for the Future Account Children's savings account free of service charges until age 18, with dividends earned on $5.00 minimum balance. Connected to a school program for deposit pickups targeting young savers in the local community.
• TruStage Insurance Products Auto and Homeowners Insurance, Accident Insurance (AD&D), and Life Insurance offered to members through partnership with TruStage.
• Other Member Services Additional services including Money Orders, Cashier's Checks, Free Notary Service, Coin Counter, Payroll Deduction, ACH Deposits, Automated Voice Response Unit (24-hour phone banking), Night Drop Box, and Visa Gift Cards.
• Club Accounts Secondary savings accounts for specific member purposes including Christmas Club, Vacation Club, Bill Club, and Back-to-School Club accounts.
• Loan Insurance Joint Life Loan Protection, Credit Disability Insurance, and GAP insurance ($325 premium) available on most loans.

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

Partnerships

Four partnerships are on record, tiered core and minor.

• 7 17 Credit UnioncoreStrategic or Co-development Partner · 1 April 2026Merger partner effective April 1, 2026. 7 17 Credit Union has served Northeast Ohio since 1957 and is the largest credit union in Northeast Ohio with more than 125,000 members and 12 branches in Trumbull, Mahoning, Portage and Central Stark counties. Transition period extends until November 2026.
• TruStage Insurance ProductsminorGTM or Marketing PartnerInsurance product partnership providing TruStage auto, home, life, and accident insurance products to members through the credit union.
• Sallie MaeminorGTM or Marketing PartnerStudent loan partnership providing Smart Option student loans for members.
• D B L C (Business Lending)minorChannel Partner/ Reseller/ DistributorBusiness lending partner platform for commercial loans.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Direct peers

• Connexus Credit Union: National community credit union offering full-service deposit, lending, and digital banking. Comparable as a member-owned cooperative serving consumers and small businesses across multiple geographies with a similar product suite.
• America First Credit Union: Large member-owned community credit union offering deposits, loans, mortgages, and digital banking. Comparable as a community-focused cooperative with a similar deposit-and-loan product suite to Geauga.
• KEMBA Financial Credit Union: Ohio-based community credit union offering deposit accounts, consumer loans, mortgages, and digital banking. Comparable as a member-owned cooperative with a similar community focus and product suite to Geauga.
• SchoolsFirst Federal Credit Union: California-based community credit union serving school employees and their families. Comparable as a member-owned community cooperative focused on a defined occupational/geographic membership with full deposit and loan services.
• FirstEnergy Federal Credit Union: Ohio-based community credit union serving employees of FirstEnergy and surrounding communities. Comparable as a community-based cooperative offering deposits, loans, and digital banking with a similar scale profile.
• Patelco Credit Union: California-based member-owned community credit union offering deposits, consumer and business loans, and digital banking. Comparable as a community cooperative with a similar deposit-and-loan service mix to Geauga.
• Telhio Credit Union: Ohio-based community credit union serving central Ohio with full deposit and lending services, including auto and home equity. Comparable as a community cooperative serving a defined geographic membership.
• Alliant Credit Union: Digital-first community credit union offering deposit accounts, lending, and investment services nationally. Comparable as a member-owned cooperative emphasizing digital banking and broad consumer financial services.
• 7 17 Credit Union: Largest credit union in Northeast Ohio with 125,000+ members and 12 branches. Direct peer as the announced merger partner effective April 1, 2026, sharing member geography, product mix (deposits, consumer/business loans, digital banking), and cooperative model.
• Wright-Patt Credit Union: Major Ohio-based community credit union serving the Dayton region and beyond. Comparable as a member-owned cooperative offering full deposit, lending, mortgage, and digital banking services with a community focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/geaugacreditunion
• Xx.com/GeaugaI
• LinkedInlinkedin.com/company/geauga-credit-union-inc-

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Geauga Credit Union