Commodore Perry Federal Credit Union
Commodore Perry Federal Credit Union is a mid-sized, federally-chartered credit union headquartered in Port Clinton, OH. The credit union operates 2 branches in 1 state (Ohio). It has $26.6 million in assets and roughly 3,900 members.
Products offered include: Commodore Perry CD, IRA Account, Flagship Money Market Account and Regular Share Savings.
Current Commodore Perry Federal Credit Union Rates
| Name | Term | APY | Min Deposit | |
| Commodore Perry CD | 6 months | 0.20 % | $500 | |
| 1 year | 0.30 % | $500 | ||
| 18 months | 0.40 % | $500 | ||
| 2 years | 0.60 % | $500 | ||
| 3 years | 0.85 % | $500 | ||
| 4 years | 1.00 % | $500 | ||
| 5 years | 1.50 % | $500 |
Commodore Perry Federal Credit Union Membership Eligibility
Credit Unions are for everyone, but not everyone can belong to a given credit union. The members of each credit union must share a "common bond", such as being employed at the same workplace, belonging to the same church or fraternal organization, or living in the same neighborhood. Members of Commodore Perry Federal Credit Union must either live, work, worship, or attend school in Ottawa County, or be an immediate family member of an existing member.
Being a member of Commodore Perry Federal Credit Union requires you to have at least $5.00 in shares (savings) at all times during your membership.
About Commodore Perry Federal Credit Union
The idea for a credit union began when Paul Calhoun was hired in at Port Clinton City Schools and, in looking for a credit union, he found none in the area he was able to join. With the aid of fellow co-workers, they petitioned the National Credit Union Administration (NCUA) to start a credit union. In January 1975, their request was approved for employees of Port Clinton Board of Education, unmarried spouses of persons who died while within the field of membership, persons retired as pensioners or annuitants from the above employment, members of their immediate families and organizations of such persons.
In December 1993, the Board of Directors requested another change to their charter. This time the charter was amended to serve all persons who live or work in Ottawa County, and members of their immediate family. NCUA approved the expansion of the credit union territory.