Lorain County has trusted CommStar Credit Union to provide its residents with dependable products and services with a uniquely personal touch since 1938. Offering a locally-based option versus the “one-size-fits-most” mentality of banks, nonprofit CommStar Credit Union boasts services tailored to its members’ needs. CommStar does not pay shareholders or a board of directors, allowing it to offer the same types of services as banks but at generally lower costs. This also translates to lower interest rates on loans and for higher dividends paid to members. Membership is open to anyone who lives, works, goes to school or worships in Lorain County. With four convenient branch locations in Elyria, Avon, Lorain and Amherst, we want you to Love Where You Bank!
The Elements of Money account is designed specially for teens to save money their way. In addition to the Elements savings account, teens are able to open their very own checking account, perfect for teaching them to balance a checkbook, budget spending, and even set up ACH direct deposit for their first jobs. The Elements website has blogs and educational material specifically designed to engage your teen. If your child already has an M3 Money Club account it will automatically and seamlessly transition to an Elements teen account on his or her 12th birthday.