Report: Ohio credit union sets ambitious membership expansion plan.

717 Credit Union, already northeastern Ohio’s largest credit union, aims to grow its footprint and invest in community initiatives as membership growth accelerates in 2025.

717 Credit Union, the largest credit union headquartered in northeastern Ohio, is planning a major expansion that could make it nearly twice its current size by the end of the decade.

With $1.8 billion in assets and more than 120,000 members, 717 ranked fourth among Ohio credit unions in both deposits and assets during the second quarter of 2025, according to data from iBanknet.

The Warren-based institution reported earnings of more than $10.3 million through June 30, compared with $6.6 million in the first half of 2024, federal call report data show.

President and Chief Executive Officer John Demmler said the credit union’s goal is to grow its membership to 200,000 by 2030, an increase of more than 65%. To support that growth, 717 plans to add 12 branches to its current network of 12 and expand its ATM presence throughout the region.

Members can expect to see new locations across Stark, Summit, Portage and Geauga counties, areas where 717 already serves many of its members.

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“Quite a few of our 120,000 members live out in those counties and also up into Cuyahoga County,” Demmler said in an interview with The Business Journal Daily. “And so we just want to create a more convenient network of branches for those members.”

After healthy growth in 2024, 717’s momentum accelerated this year. Membership grew 4.5% in 2024 to reach 118,000, and through June 30 of this year, the credit union had already added more than 2,000 new members.

The institution is targeting 6% to 8% growth for the full-year 2025.

Beyond expansion, 717 is focusing on community impact. Demmler said the credit union aims to reach 10,000 individuals through financial literacy programs and invest $100 million in housing initiatives across northeastern Ohio in the coming years.

While credit unions nationwide continue to add members — federally insured credit unions gained 2.8 million members in the year ending June 30, bringing total membership to 143.8 million — Ohio’s median membership growth fell by 0.8% in the same period, according to the National Credit Union Administration.

Against that backdrop, 717’s continued growth positions it as a standout in a slowing state market and underscores its expanding role in the region’s financial landscape.

2025-10-24T07:03:00-07:00
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