Intro—Telhio Credit Union Reviews & Ranking
Telhio Credit Union was recently ranked and reviewed by AdvisoryHQ as a top-rated credit union. Firms on our top-rated lists were selected after they successfully passed AdvisoryHQ’s ground-breaking four-step banks and credit unions selection methodology.
Click here for a step-by-step breakdown of the methodology and selection process used during our Telhio Credit Union review: AdvisoryHQ’s Methodology for Selecting Top Banks and Credit Unions.
The Telhio Credit Union review below provides a detailed assessment, including some of the factors used by AdvisoryHQ News in its ranking and selection of Telhio Credit Union.
Telhio Credit Union Review
Telhio Credit Union has been promoting financial accessibility through exceptional service and innovative financial solutions to the communities they serve since their inception in 1934. This credit union currently serves more than 45,000 members across six branch locations.
Telhio Credit Union holds $532 million in assets and is the ninth largest credit union in Ohio based on both number of members and assets. They are a full-service, member-owned, not-for-profit financial cooperative providing a complete line of traditional banking products and services including deposit accounts, loans, and mortgages.
Image Source: Telhio Credit Union
Key Factors Leading Us to Rank This Firm as One of This Year’s Top Credit Union Firms
Upon completing our detailed reviews, Telhio Credit Union was included in AdvisoryHQ’s ranking of this year’s best credit unions based on the following factors.
Telhio Credit Union Review: Owner Rewards Program
At Telhio Credit Union, they believe in rewarding the owners who make the credit union possible—the members. Their ownership reward program offers members the chance to earn lower or no fees on products they already use.
Members do not need to do anything to start earning rewards—they are automatically enrolled in the program when they open an account with Telhio Credit Union. Reward earnings are based on four reward levels determined by total savings, certificates, and loans that are held at the end of each calendar month.
With the Telhio Credit Union owner rewards program, members are given the opportunity to earn the type of rewards that matter most—savings in their pockets.
Telhio Credit Union Review: Health Savings Account (HSA)
Telhio Credit Union understands that health care costs can add up quickly, even after insurance absorbs a portion of the cost. That’s why this credit union offers a Health Savings Plan (HSA) to help offset most, if not all, of out-of-pocket medical expenses.
This specialized savings plan is available exclusively for members who utilize a high deductible health insurance plan. This plan helps its members put money away for the sole purpose of paying or reimbursing qualified medical expenses for themselves, their spouse, and their dependents.
The account may be contributed to by the member, their employer, a family member, or any other person. An HSA can be a great tool for paying out-of-pocket medical expenses, and it has the added bonus of contributions being tax-free as long as they are used for qualified medical expenses.
For those members who want a higher rate of return over a longer period of time, HSA CDs are also available.
Telhio Credit Union Review: Credit Cards
Telhio Credit Union strives to be their members’ one-stop shop for financial services. They offer a full menu of credit card options to fit all of their members’ needs.
All Telhio credit cards members have the ability to:
- Earn cash on everyday purchases
- Earn rewards for every dollar spent that can be redeemed for electronics, gift cards, gas, and more
- Enjoy purchasing power and exclusive benefits
Credit card options from Telhio Credit Union include:
- Visa Platinum card: features a low interest rate to help pay down other high-interest balances
- Visa Signature Bonus Rewards card: 25% more on points earned every month automatically
- Visa Signature Bonus Rewards PLUS card: 50% more on points earned every month automatically
- Cash Rewards American Express card: earn up to 3% cash back on gas, 2% at supermarkets, and 1% on all other purchases
- Travel Rewards American Express card: 3X reward earnings on airline purchases and 2X reward earnings on restaurant and hotel purchases
- Visa College Rewards card: for college students, great rates and manageable credit lines, earn 1 point for every dollar spent
- Visa Secured card: for those who are just starting out or have been turned down for a credit card, credit lines based on a security deposit ranging from $300 to $5,000
In addition to reviewing the above Telhio Credit Union review, you can click on any of the links below to browse exclusive reviews of AdvisoryHQ’s top credit unions:
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.