CommStar Credit Union
BankingOhio, United States11-50 Employees
CommStar Credit Union is a member-owned, not-for-profit financial institution in the banking sector. Established in 1938 and based in Elyria, Ohio, it initially served manufacturing employees and later opened membership to residents and workers in Lorain, Cuyahoga, Erie, and Huron counties. Governed by a volunteer board, the credit union emphasizes service over profit, offering lower loan rates and higher dividends to members alongside standard banking services; it operates branches in Elyria and Lorain for local access. It serves individuals who live, work, worship, or study in those counties, functioning as a member-owned financial institution rather than a profit-driven bank. In 2026, press coverage noted expansion plans to establish new branches in Blacksburg, Virginia, and Grafton, Ohio, signaling growth beyond its existing footprint.