NEW HORIZON Credit Union Profile

Showing details for NEW HORIZON Credit Union.

Home > OH > NEW HORIZON

NEW HORIZON

Charter #616 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (330) 745-8897

Fax: (330) 745-8055

Founding Date: N/A

Website: http://www.newhorizonfcu.com

Personnel & Operations

President: Thomas, Mike

Manager: Heidenreich, Michael

FT Employees: 12

PT Employees: 6

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 5

Hours: M-W 9:00 am - 5:00 pm TH 7:30 am - 5 pm F

Credit Union Profile Summary

NEW HORIZON is a FCU Credit Union. With a total of 3,107 members [1], this institution manages approximately $40,635,002 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 13.27% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -5.68% [1].

Financial Snapshot

Total Assets [1]
$40,635,002

Total economic resources.

Total Loans [1]
$29,439,060

Total value of outstanding loans.

Total Deposits [1]
$34,044,063

Total funds deposited by members.

Members [1]
3,107

Number of active members.

Performance Ratios

Net Worth Ratio [1]
13.27%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.30%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
86.47%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 4.26%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -5.68%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↑ 2.58%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

180 2nd St SW

Barberton, OH, 44203
Open in Google Maps

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

No approved reviews yet. Be the first to rate this Credit Union!

Branch Locations

Found 4 branches reported by NEW HORIZON (Charter #616).

Main Office

Main Office Main Office

Type: Corporate Office

180 2nd St SW

Barberton, OH 44203

Phone: (330) 745-8897

Services: Member Services, Drive-Thru

Open in Directions

Additional Branches

Barberton

Barberton High School

Type: Branch Office

555 Barber Rd

Barberton, OH 44203

Phone: (330) 745-8897

Services: Member Services

Open in Directions

Coventry Township

Firestone FCU

Type: Branch Office

31 Hanna Pkwy

Coventry Township, OH 44319-1173

Phone: (234) 352-1100

Services: None specified

Open in Directions

Norton

Norton Plaza Office

Type: Branch Office

4160 S Cleveland Massillon Rd

Norton, OH 44203

Phone: (234) 542-5940

Services: Member Services, ATM, Drive-Thru

Open in Directions