Sep, 30, 2025 — PORT CONNEAUT FEDERAL CREDIT UNION is a federal credit union headquartered in CONNEAUT, OH with 2 branch locations and about $30.75 million in total assets. Opened 68 years ago in 1958, PORT CONNEAUT FEDERAL CREDIT UNION has about 3,850 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PORT CONNEAUT FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1002 Broad St CONNEAUT, OH 44030 |
| Phone: | (440) 593-7350 |
| Fax: | (440) 593-7352 |
| Website: | https://www.portconnfcu.com |
| Branches: | 2 branch locations |
| Members: | 3,850 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12351 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $30,746,693 |
| CEO/Manager: | Chad d Giangola |
| Chairperson: | Angela Moore |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,004,460 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,729,809 |
| Unsecured Loans | 2,275,788 |
| Other Loans | 6,853,231 |
| TOTAL LOANS | 13,858,829 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -274,633 |
| Land And Building | 462,039 |
| Other Fixed Assets | 101,524 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 259,514 |
| All Other Assets | 0 |
| TOTAL ASSETS | 30,746,693 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 420,376 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,456,904 |
| Regular shares | 15,248,105 |
| All Other Shares & Deposits | 5,748,863 |
| TOTAL SHARES & DEPOSITS | 26,453,874 |
| TOTAL LIABILITIES | 26,874,250 |
| Regular Reserve | 0 |
| Other Reserves | 235,767 |
| Undivided Earnings | 3,636,676 |
| TOTAL EQUITY | 3,872,443 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 30,746,693 |
| INCOME & EXPENSE | |
| Loan Income | 772,879 |
| Investment Income | 373,223 |
| Other Income | 285,145 |
| Total Employee Compensation & Benefits | 427,157 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 891,134 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 88,380 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 196,767 |
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