Credit Unions Near Me
National Credit Union Service Organization

WESTERN REGION FEDERAL CREDIT UNION

Dec, 31, 2023 — WESTERN REGION FEDERAL CREDIT UNION is a federal credit union headquartered in CLEVELAND, OH with 2 branch locations and about $15.59 million in total assets. Opened 64 years ago in 1960, WESTERN REGION FEDERAL CREDIT UNION has about 1,916 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:WESTERN REGION FEDERAL CREDIT UNION
Address:
(Main Office)
18101 LORAIN AVE
CLEVELAND, OH 44111
Phone:(216) 476-7072
Fax:(216) 476-2954
Website:https://www.westernregionfcu.com
Branches:2 branch locations
Members:1,916
Credit Union Type:Federal Credit Union
Charter Number:13615
Membership Type:Multiple common bond - Primarily health care
Corporate Credit Union:No
Year Opened:1960
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$15,587,008
CEO/Manager:John Shirilla
Chairperson:Nancy Paxton

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 598,023
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,263,812
 Other Loans 2,330,536
 TOTAL LOANS 3,594,348
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -61,517
 Land And Building 0
 Other Fixed Assets 139,558
 NCUSIF Deposit 141,419
 All Other Assets 0
  TOTAL ASSETS 15,587,008
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 750,000
 Accounts Payable & Other Liabilities 103,858
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,116,898
 Regular shares 9,170,175
 All Other Shares & Deposits 1,598,960
  TOTAL SHARES & DEPOSITS 12,886,033
  TOTAL LIABILITIES 13,739,891
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,847,117
  TOTAL EQUITY 1,847,117
  TOTAL LIABILITIES, SHARES, & EQUITY 15,587,008
INCOME & EXPENSE  
 Loan Income 203,045
 Investment Income 76,445
 Other Income 59,312
 Total Employee Compensation & Benefits 170,073
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 330,641
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 16,737
 Cost of Funds 18,399
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -135,875
↑ Back to Top

Other Credit Unions

ST. COLMAN & AFFILIATES FEDERAL CREDIT UNION
6637 Lorain Ave
CLEVELAND, OH 44102
LATVIAN CLEVELAND CREDIT UNION
1385 Andrews Ave
LAKEWOOD, OH 44107-2405
NORTH COAST CREDIT UNION
22735 Lorain Rd
FAIRVIEW PARK, OH 44126-2222
STEEL VALLEY FEDERAL CREDIT UNION
3840 Pearl Rd
CLEVELAND, OH 44109-2751
PLAIN DEALER FEDERAL CREDIT UNION
5341 Pearl Rd
PARMA, OH 44129
HOLY FAMILY PARMA FEDERAL CREDIT UNION
7367 York Rd
PARMA, OH 44130-5162
BSE CREDIT UNION
19249 Bagley Rd
CLEVELAND, OH 44130-3315
ALL SAINTS FEDERAL CREDIT UNION
6740 Broadview Rd
PARMA, OH 44134-4886
ST. COLUMBKILLE FEDERAL CREDIT UNION
6740 BROADVIEW RD
PARMA, OH 44134
UNITY CATHOLIC FEDERAL CREDIT UNION
5839 Ridge Rd
PARMA, OH 44129-3165