Theory Federal Credit Union

Theory Federal Credit Union Lake County Educational FCU is now Theory. Since 1955, our specialized structure has been maintained to help our local education community prosper.

For 70 years, we have been the premier education credit union serving Lake County & North Olmsted. 100% non-profit, federally insured, and now anyone can join. When you join our family, you enjoy the benefits of great products, competitive rates, free educational programs, sound advice, and personalized service. We care about your financial well-being and success, and we’re here to help you. We es

pecially take great pride in our continued investment in Northeast Ohio’s schools and the educators who work within them. We believe our sound business principles and proactive efforts to further financial education can profoundly improve life in our community. We look forward to providing you and your family an unparalleled banking experience, unlike anything you’ve ever experienced. We’re different for a reason. We are precisely what a bank could never be. MEMBERSHIP

Serving Lake County Public Schools, North Olmsted City Schools, & Select Community Groups

Lake County Public Schools
Membership is open to all faculty and employees of Lake County Public Schools. Expanded Membership to Students & School Employees
Eligibility is also open to all students, faculty, and employees of the following schools and educational organizations:

Auburn Career Center
Brown Aveda Institute
Fairport Harbor Schools
iSTEM Geauga Early College High School
Kirtland Local Schools
Madison Schools
North Olmsted Schools
Our Shepherd Lutheran School
Perry Local Schools
Riverside Schools
Wickliffe City Schools

Community Partners
Membership is also open to all employees of the following organizations within the Greater Cleveland area:

Burke School of Irish Dance
Carat-Coin-Collectibles
Ladies and Gentlemen Salon and Spa of Mentor
Lake County Educational Service Center
Madison Public Library
North Olmsted Board of Education
North Olmsted High School Alumni Association Members
St. Clarence Church (including parishioners)

Upon joining, immediate family members (mother, father, brother, sister, children) are also eligible. Our longstanding policy of "once-a-member, always-a-member" means that you may maintain your membership and enjoy the many benefits that we have to offer, even if you graduate, change jobs, or relocate.

LAST CALL FOR WALDAMEER & WATER WORLD TICKETS!There’s still time for one more day of summer fun. Waldameer & Water World...
08/31/2026

LAST CALL FOR WALDAMEER & WATER WORLD TICKETS!

There’s still time for one more day of summer fun. Waldameer & Water World is CLOSED August 31–September 4 and reopens September 5–7.

Stop by a Theory FCU branch to purchase General Admission Combo Passes for just $45 each, valid for any height.

That’s less than gate admission, which is $57 for guests over 48 inches tall and $45 for guests under 48 inches tall and guests over 60 years of age. Children under 30 inches tall are admitted to Water World at no charge.

Tickets are available at Theory FCU branches while supplies last. Don’t miss your last chance to save on a day at Waldameer & Water World this season!

The Buckeye loot has officially found a home!A huge congratulations to Mike Damren, winner of our Ohio State Buckeyes co...
08/31/2026

The Buckeye loot has officially found a home!

A huge congratulations to Mike Damren, winner of our Ohio State Buckeyes co****le set AND OSU wall art!

Mike, your tailgate game just got an upgrade. You’ve got the co****le boards. You’ve got the Buckeye décor. Now all you need is a Saturday, some friends, and a few questionable claims about who’s the best co****le player in the group.

A big thank you to everyone who entered our drawing at the Riverside Tailgate Party. We had a blast, and you made the day even more fun!

Congrats, Mike! Put those prizes to good use.

O-H!

08/31/2026

And the winner is…

Come see us at the Riverside Tailgate Party. Go, Beavers!
08/28/2026

Come see us at the Riverside Tailgate Party. Go, Beavers!

08/28/2026

Win Me at the Riverside Tailgate Party!

Nearly 40 schools. Hundreds of cookies. One very sweet Theory FCU tradition.August has been BUSY! As is our tradition, t...
08/28/2026

Nearly 40 schools. Hundreds of cookies. One very sweet Theory FCU tradition.

August has been BUSY! As is our tradition, the Theory team hit the road to deliver Welcome Back care packages, complete with plenty of cookies, to nearly 40 schools across our region.

This year, our travels took us to schools throughout Perry, Riverside, Kirtland, Painesville, Wickliffe, Fairport, North Olmsted, and Madison, along with iSTEM, Auburn Career Center, and Our Shepherd Lutheran School.

Why all the cookies? Because the start of a new school year is a great time to remind the incredible educators and support staff in our communities just how much they are appreciated.

You teach, encourage, inspire, support, problem-solve, and somehow keep everything moving, all while helping shape the lives of the young people who will become the future of our communities. That deserves more than a little recognition. (And probably more than a few cookies.)

To every teacher, administrator, aide, custodian, secretary, counselor, bus driver, food service worker, and school staff member we visited: Thank you for everything you do.

We hope the cookies made your back-to-school season just a little sweeter.

Happy Birthday to a Very Special Friend: Jackie Cawley!Some people leave their mark through the work they do. Others lea...
08/27/2026

Happy Birthday to a Very Special Friend: Jackie Cawley!

Some people leave their mark through the work they do. Others leave it through the way they make people feel. Jackie has done both.

For so many years, Jackie gave her heart to others, first as a dedicated educator with Riverside Local Schools and later through her many years of leadership and service as a director on our Board. But titles and accomplishments only tell part of her story.

To all of us at Theory, Jackie is something even more special. She is a treasured friend, a familiar smile, a source of wisdom and encouragement, and someone whose genuine kindness has become woven into the story of our credit union.

Retirement may have changed her titles, but it could never change the place she holds in our hearts. Jackie will always be part of the Theory family, and we are so fortunate that the friendship built over all those years continues today.

Jackie, on your birthday, we hope you know just how deeply you are appreciated and how dearly you are loved. Thank you for the years you gave, the lives you touched, the friendships you built, and simply for being the wonderful person you are.

Happy Birthday, Jackie. We love you, and celebrating you will never get old.

Meet Ilona, 7 weeks of sweetness and Holly’s very first granddaughter. 💕Grandma’s heart is officially full. A whole new ...
08/20/2026

Meet Ilona, 7 weeks of sweetness and Holly’s very first granddaughter. 💕

Grandma’s heart is officially full. A whole new chapter has begun for Holly, and it looks beautiful on her.

A heart on Zillow doesn’t make it yours. A strong offer might.Get preapproved with Theory Home Mortgages and start shopp...
08/17/2026

A heart on Zillow doesn’t make it yours. A strong offer might.

Get preapproved with Theory Home Mortgages and start shopping with more than a wish list.

https://theoryfcu.org/home-mortgages

08/15/2026

Address

1595 Mentor Avenue
Painesville, OH
44077

Opening Hours

Monday 10am - 5pm
Tuesday 10am - 5pm
Wednesday 2pm - 6pm
Thursday 10am - 5pm
Friday 10am - 6pm
Saturday 9am - 12pm

Telephone

+14403524732

Website

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