Dec, 31, 2023 — ACHIEVE CREDIT UNION is a non-federally insured state credit union headquartered in ELYRIA, OH with 3 branch locations and about $167.37 million in total assets. Opened 66 years ago in 1958, ACHIEVE CREDIT UNION has about 11,099 members and employs 45 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ACHIEVE CREDIT UNION |
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Address: (Main Office) | 340 Griswold Rd ELYRIA, OH 44035 |
Phone: | (440) 324-3400 |
Fax: | (440) 324-3291 |
Website: | https://www.achievecu.org |
Branches: | 3 branch locations |
Members: | 11,099 |
Credit Union Type: | Non-Federally Insured State Credit Union |
Charter Number: | 97094 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1958 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $167,365,642 |
CEO/Manager: | Bret Fisher |
Chairperson: | Henry Harsar |
ASSETS: | $ Amount |
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Cash & Equivalents | 17,575,879 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 19,906,977 |
Unsecured Loans | 8,939,667 |
Other Loans | 38,152,300 |
TOTAL LOANS | 66,998,944 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -340,411 |
Land And Building | 1,431,799 |
Other Fixed Assets | 497,708 |
NCUSIF Deposit | 0 |
All Other Assets | 0 |
TOTAL ASSETS | 167,365,642 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 931,984 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 26,722,976 |
Regular shares | 51,433,563 |
All Other Shares & Deposits | 75,768,108 |
TOTAL SHARES & DEPOSITS | 153,924,647 |
TOTAL LIABILITIES | 154,856,631 |
Regular Reserve | 0 |
Other Reserves | -3,590,802 |
Undivided Earnings | 16,099,813 |
TOTAL EQUITY | 12,509,011 |
TOTAL LIABILITIES, SHARES, & EQUITY | 167,365,642 |
INCOME & EXPENSE | |
Loan Income | 3,469,368 |
Investment Income | 2,984,392 |
Other Income | 1,113,767 |
Total Employee Compensation & Benefits | 2,835,749 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,820,732 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 385,868 |
Cost of Funds | 564,764 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,330,367 |
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