Intro – CME Federal Credit Union Reviews & Ranking

AdvisoryHQ recently published its list and review of the top credit unions in Cincinnati & Columbus, Ohio, a list that included CME Federal Credit Union.

Below we have highlighted some of the many reasons CME Federal Credit Union was selected as one of the best credit unions in Cincinnati & Columbus, Ohio.

Click here for a detailed review of AdvisoryHQ’s selection methodology: AdvisoryHQ’s Methodology for Selecting Top Banks and Credit Unions.

CME Federal Credit Union Review

CME Federal Credit Union was established by the City of Columbus Firefighters in 1935, and after just one year it began serving the needs of the City of Columbus Division of Police Employees. Since that time, CME has grown to include service for city, county and municipal employees in Franklin County.

CME Federal Credit Union

Image source: Pixabay

The counties of Delaware, Fairfield, Franking, Licking, Madison, Morrow, Pickaway, and Union Counties are now also served by the availability of CME membership. The goal of this Columbus credit union is simple: to serve and enhance the financial lives of members.

Key Factors Leading Us to Rank This Firm as One of This Year’s Top Credit Union Firms

Upon completing our detailed review, CME Federal Credit Union was included in AdvisoryHQ’s ranking of this year’s best credit unions based on the following factors. 

CME Federal Credit Union Review: Great Change

Great Change is a signature CME checking account option that provides the opportunity to put your “virtual change” to good use. With Great Change, each time a member makes a signature purchase with their debit card, the transaction is rounded up to the next dollar.

The difference is then automatically transferred from a CME Checking account to a CME Advantage Share Account. It’s a convenient way to effortlessly watch your savings grow.

CME Federal Credit Union Review: Student Loans

Student loans can be a priority for many consumers, and something that not every credit union offers. This is where this credit union in Columbus, Ohio, differs. They feature the cuScholar Private Student Loan. With this option, students can borrow anywhere from $2,000 up to a maximum of $120,000 in undergraduate loans, or $160,000 in graduate loans.

Loan holders can select between making monthly interest-only payments or proactive payments while in school, and this loan can fund any qualified educational expense.

Benefits include no origination fee for student borrowers, competitive interest rates, and the potential to get even lower rates with good grades. There are also opportunities for interest rate reductions when you sign up for automatic payments and when the initial loan principal is repaid during the full repayment period.

CME Federal Credit Union Review: Visa Platinum Cards

Several different, value-creating cards are available through CME Federal Credit Union. One of these is the Visa Platinum Card, which features simplicity and convenience along with low rates and no annual fees. There is no balance transfer fee, and account information is accessible online.

Piggy Bank

Image source: Pixabay

Also available is the Visa Platinum Rewards Card, which earns cardholders one point for every $1 spent, with no caps or limits on the number of points that can be earned. Points can be exchanged for gift certificates, cash, and travel rewards.

The VISA Preferred Card is an option for people who don’t have credit or who have past credit issues they want to work on repairing. It’s a credit card with no annual fee and low rates, and with on-time payments, the cardholder’s credit gradually improves.

CME Federal Credit Union Review: Savings Benefits

CME Federal Credit Union encourages members to build a strong financial future, and part of that is having a nest egg set aside. There are several different savings accounts available to members, which all offer the following benefits:

  • Savings accounts can be accessed with a GreatCard debit card or ATM cash card
  • All savings accounts can be managed via the [email protected] online or mobile banking portals
  • Direct Deposit and Payroll Deduction can be linked to all of these savings accounts
  • All CME savings accounts and certificates are insured up to a combined total of $500,000 through the National Credit Union Administration and the private share insurer, Excess Share.

AdvisoryHQ (AHQ) Disclaimer:

Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info.

Note: Firms and products, including the one(s) reviewed above, may be AdvisoryHQ's affiliates. Click to view AdvisoryHQ's advertiser disclosures.