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EAST OHIO GAS CLEV OPER EMP FEDERAL CREDIT UNION

Dec, 31, 2023 — EAST OHIO GAS CLEV OPER EMP FEDERAL CREDIT UNION is a federal credit union headquartered in CLEVELAND, OH with 1 branch location and about $1.19 million in total assets. Opened 89 years ago in 1935, EAST OHIO GAS CLEV OPER EMP FEDERAL CREDIT UNION has about 346 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:EAST OHIO GAS CLEV OPER EMP FEDERAL CREDIT UNION
Address:
(Main Office)
1201 E 55TH ST
CLEVELAND, OH 44103-1028
Phone:(216) 736-6959
Fax:(216) 736-5787
Website:n/a
Branches:1 branch locations
Members:346
Credit Union Type:Federal Credit Union
Charter Number:434
Membership Type:Service - Communications and Utilities
Corporate Credit Union:No
Year Opened:1935
Last Audited:Apr 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$1,192,770
CEO/Manager:Beth Mitzo
Chairperson:James Triska

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 330,356
TOTAL INVESTMENTS 100,000
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 359,426
 Other Loans 407,197
 TOTAL LOANS 766,623
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -14,448
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 10,220
 All Other Assets 19
  TOTAL ASSETS 1,192,770
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 7,488
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 929,870
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 929,870
  TOTAL LIABILITIES 937,358
 Regular Reserve 120,203
 Other Reserves 0
 Undivided Earnings 135,209
  TOTAL EQUITY 255,412
  TOTAL LIABILITIES, SHARES, & EQUITY 1,192,770
INCOME & EXPENSE  
 Loan Income 19,504
 Investment Income 1,889
 Other Income 0
 Total Employee Compensation & Benefits 28,552
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 10,851
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 12,500
 Cost of Funds 1,076
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -31,586
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