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
- 3,512
- Membership Type
- Community
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Adequate financial health. Meets NCUA capital requirements with some metrics worth watching over time.
Financial Overview
Total Assets
Members
3,512 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | THEORY |
|---|---|
| Total Assets | $37.3M |
| Members | 3,512 |
| Loans Outstanding | $19.1M |
| Shares & Deposits | $34.9M |
| Net Worth | $3.3M |
| Net Worth Ratio | 8.72% |
| Loan-to-Share Ratio | 54.8% |
| Delinquency Rate | 2.50% |
| Net Income | +$319,177 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
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.
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View Ohio RankingsFrequently Asked Questions
Yes. THEORY is federally insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, per ownership category. This provides the same level of deposit protection as FDIC insurance at a bank.
As of the NCUA Q4 2025 Call Report, THEORY has 3,512 members and a potential membership field of 10,000 people.
THEORY's net worth ratio is 8.72% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 8.7%, THEORY meets this threshold.
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 (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or THEORY. All financial data is for informational purposes only.