THEORY
Federal • Painesville, Ohio • Est. 1995
Quick Facts
- Charter Number
- #24545
- Type
- Federal
- Established
- 1995
- Headquarters
- Painesville, Ohio 44077
- Address
- 1595 Mentor Ave
- Branches
- 3
- Members
- 3,515
- Membership Type
- Community
CUScore Financial Grade
Based on Q1 2026 NCUA Call Report data
Under CUScore's rules, this institution reports a net worth ratio of at least 8% and a delinquency rate below 1.5%. This simplified grade is informational, is not an official NCUA rating, and does not determine regulatory or deposit-insurance status.
Financial Overview
Total Assets
Members
3,515 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | THEORY |
|---|---|
| Total Assets | $39.0M |
| Members | 3,515 |
| Loans Outstanding | $19.0M |
| Shares & Deposits | $36.6M |
| Net Worth | $3.3M |
| Net Worth Ratio | 8.36% |
| Loan-to-Share Ratio | 51.8% |
| Delinquency Rate | 0.78% |
| Net Income | +$10,703 |
Source: Q1 2026 NCUA Call Report • Reporting date: 3/31/2026
Branch Locations
3 locations
Theory FCU
Main Office1595 Mentor Ave
Painesville, OH 44077
North Olmsted Office
30129 Lorain Rd
North Olmsted, OH 44070
Madison High School branch
3100 Burns Rd
Madison, OH 44057
Who Can Join THEORY?
Membership Type: Community
Membership eligibility for THEORY may vary. Contact the credit union directly to confirm qualification requirements.
Contact THEORY directly or visit their website for the most accurate and up-to-date membership eligibility information.
Find More Credit Unions in Ohio
Review the Q1 2026 statewide dataset, aggregate ratios, and institutions ranked by reported assets.
View Ohio RankingsFrequently Asked Questions
THEORY is listed as federally insured in the Q1 2026 NCUA dataset. NCUA share insurance generally covers qualifying accounts up to the standard maximum amount, with coverage depending on account ownership categories. Verify current status and coverage for your accounts with the NCUA or the institution.
As of the Q1 2026 NCUA Call Report, THEORY has 3,515 members and a potential membership field of 10,000 people.
THEORY's reported net worth ratio is 8.36% as of Q1 2026. The NCUA's standard net worth ratio threshold for "well capitalized" is 7%, although official status can involve additional rules.
THEORY operates 3 branch locations. The main office is located at 1595 Mentor Ave, Painesville, OH 44077.
THEORY was established in 1995. It is a federal credit union chartered under charter number 24545. The institution has been serving members for 31 years.
Data sourced from the NCUA Quarterly Call Report (Q1 2026). CUScore is an independent directory and is not affiliated with the NCUA or THEORY. All financial data is for informational purposes only.