It was founded as
Superior Coach Employees Federal Credit Union in 1954 to serve employees of the
Superior Coach Company, based in
Lima, Ohio. When Superior Coach Corporation closed in 1981, the credit union obtained a community charter expanding its membership eligibility to residents of the City of Lima, changing its name to
Lima Superior Community Federal Credit Union. During the 1980s it absorbed five other credit unions, and expanded its membership to employees of several other companies. During 1990–1994 its field of membership expanded to encompass all of
Allen County, and in 1999 to neighboring
Auglaize County. In 2004, it expanded into four more counties and renamed itself
Superior Federal Credit Union. During 1995–2014 it absorbed four more credit unions. It increased from one to five locations during the 1990s, and had ten locations in 2012. It expanded into
mortgage services in 1999 and small business services in 2005. Its scope expanded to 22 counties in western Ohio, and during 2015–2019 it absorbed six credit unions, allowing it to expand into the Cincinnati and Toledo metropolitan areas. Many of these credit unions had not previously offered mortgage services, but provided means for growth in Superior's mortgage program. It also purchased a bank branch in
Clifton, Cincinnati, along with its accounts and deposits, a move which is unusual for a credit union but was possible due to its high
capitalization. It also expanded its real estate services by acquisition. In 2019, it opened an educational branch in
Bath High School staffed by students who had taken a personal finance or economics class, to promote good financial habits and careers in banking. As of 2020, it donated half a million dollars to local charities each year. Also in 2020, executive Kurt Neeper said that the credit union contacts members if they can
refinance their mortgage to a lower rate, as a means of keeping their business. In 2021,
Cincinnati Bengals player
Sam Hubbard became the credit union's
brand ambassador. == References ==