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VACATIONLAND FEDERAL CREDIT UNION

Sep, 30, 2025 — VACATIONLAND FEDERAL CREDIT UNION is a federal credit union headquartered in SANDUSKY, OH with 5 branch locations and about $313.74 million in total assets. Opened 70 years ago in 1956, VACATIONLAND FEDERAL CREDIT UNION has about 20,753 members and employs 72 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 241281471
Name:VACATIONLAND FEDERAL CREDIT UNION
Address:
(Main Office)
2911 Hayes Ave
SANDUSKY, OH 44870-7206
Phone:(419) 625-9025
Fax:
Website:https://www.vlfcu.org
Branches:5 branch locations
Members:20,753
Credit Union Type:Federal Credit Union
Charter Number:11293
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1956
Last Audited:Dec 01, 2024
FHLB Member:Yes
Low Income Designation:No
Assets:$313,743,135
CEO/Manager:Bryan Myers
Chairperson:Jude Hammond

Call Report

  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 30,669,619
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 81,107,857
 Unsecured Loans 11,845,470
 Other Loans 91,655,149
 TOTAL LOANS 184,608,476
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,240,874
 Land And Building 6,400,607
 Other Fixed Assets 1,367,912
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 2,442,280
 All Other Assets 0
  TOTAL ASSETS 313,743,135
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 7,388,851
 Accounts Payable & Other Liabilities 1,462,009
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 52,526,289
 Regular shares 109,663,810
 All Other Shares & Deposits 106,116,763
  TOTAL SHARES & DEPOSITS 268,306,862
  TOTAL LIABILITIES 277,157,722
 Regular Reserve 0
 Other Reserves -3,590,607
 Undivided Earnings 40,176,020
  TOTAL EQUITY 36,585,413
  TOTAL LIABILITIES, SHARES, & EQUITY 313,743,135
INCOME & EXPENSE  
 Loan Income 8,829,539
 Investment Income 2,706,827
 Other Income 2,023,368
 Total Employee Compensation & Benefits 4,521,032
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 4,564,198
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 616,258
 Cost of Funds 2,996,590
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,275,812
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