Ohio Pawnbrokers Association

In today’s diverse society, many people depend on pawnbrokers to help them meet those daily financial needs not met by other financial institutions.

President's Message

A message from our President


Our Association Officers

Code of Ethics

Our Code of Ethics

Did you know that by some estimates, approximately 20% of the adult population in the United States does not have a formal relationship with a bank? Imagine needing to borrow a small amount of money to keep the electricity on, or pay the rent or get the car fixed, with no place to turn to?

That is where pawnshops play such an important role.

Our customers represent the working families of America who have an unexpected need for short term cash.

Today’s pawnbroker may be a small business owner operating a single location or an entrepreneur with a larger company owning multiple locations around a city or a state. This growing, competitive industry is working hard to upgrade the image of pawnbrokers and to offer needed services to the public.

The Ohio Pawnbrokers Association (OPA) encourages its members to give back to the community, and offers guidance to pawnbrokers on how to get involved locally.

Working with law enforcement has always been an important part of being a pawnbroker. Pawnbrokers comply with all federal, state and local regulations and laws and in most jurisdictions they provide local law enforcement with data on all of their transactions on a daily basis.

Did you know pawnbrokers must comply with well over one dozen Federal laws which regulate nearly every facet of operation? Like other financial institutions, pawnbrokers are governed by the:

USA Patriot Act

Truth-in-Lending Act

Bank Secrecy Act and IRS regulations regarding reporting of certain cash transactions

Trading with the Enemy Act and Related Executive Orders and Regulations

Gramm-Leach-Bliley Financial Services Modernization Act

FTC Privacy and Safeguard Rules

Equal Credit Opportunity Act

Soldiers and Sailors Relief Act

The OPA works to provide pawnbrokers statewide with resources and tools to strengthen the pawn industry. OPA members are committed to operating their business in such a manner as to enhance and promote the positive and professional image of all pawnbrokers.

Bargain hunters and pawnshops go hand in hand. A wide variety of pre-owned and new merchandise ranging from jewelry, diamonds, musical instruments, electronics, power tools, antiques and collectibles can be found at the neighborhood pawnshop.

When visiting a pawnshop you’re likely to find bright, sophisticated lighting and modern merchandising programs to rival the major discount stores.

Pawnshop employees are trained in the latest customer service skills and sales contests take place like any other retail store..