The Ohio Steel Foundry Employees Lima Federal Credit Union was founded on November 10, 1953 to solely serve the employees of the Ohio Steel Foundry Co. of Lima, their immediate family members, and the employees of the credit union.
In March, 1973, the credit union changed its’ name to be Ohio Steel Federal Credit Union.
In February, 1988, the credit union once again changed its’ name to be Nickel Steel Federal Credit Union, hence combining the previous merge of the Nickel Plate Railroad (now known as Norfolk and Southern Railway Company) and the Ohio Steel Foundry of Lima (now occupied by Whemco and Superior Forge & Steel).
Ultimately, the credit union was built from the hard earned money of workers in Lima. It was truly built by Lima for Lima. Nickel Steel Federal Credit Union strives to uphold this time honored tradition. Therefore the credit union has seen the need for a field of membership expansion due to the financial growth and opportunities in Lima, Ohio.
Nickel Steel FCU, a full service financial institution, offers savings, free checking, low cost loans, direct deposit, internet account services, and much more.
Ultimately, the credit union was built from the hard earned money of workers in Lima. It was truly built by Lima for Lima. Nickel Steel Federal Credit Union strives to uphold this time honored tradition. Therefore the credit union has seen the need for a field of membership expansion due to the financial growth and opportunities in Lima, Ohio
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
The drum of the realization of the promise is beating, we are sweeping the road to the sky. Your joy is here today, what remains for tomorrow? The armies of the day have chased the army of the night...
NMLS 1795154