Mar, 31, 2022 — MAHONING VALLEY FEDERAL CREDIT UNION is a federal credit union headquartered in YOUNGSTOWN, OH with 1 branch location and about $832,444 in total assets. Opened 61 years ago in 1961, MAHONING VALLEY FEDERAL CREDIT UNION has about 339 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | MAHONING VALLEY FEDERAL CREDIT UNION |
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Address: (Main Office) | 15 Colonial Dr Ste 14 YOUNGSTOWN, OH 44505-2164 |
Phone: | (330) 759-9570 |
Fax: | |
Website: | http://www.mahoningvalleyfcu.com |
Branches: | 1 branch locations |
Members: | 339 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 14469 |
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Membership Type: | Service - Health Care |
Corporate Credit Union: | No |
Year Opened: | 1961 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $832,444 |
CEO/Manager: | Melanie V Noble |
Chairperson: | Linda Salter |
ASSETS: | $ Amount |
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Cash & Equivalents | 300,486 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 72,602 |
Other Loans | 137,359 |
TOTAL LOANS | 209,961 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,907 |
Land And Building | 0 |
Other Fixed Assets | 166 |
NCUSIF Deposit | 5,592 |
All Other Assets | 0 |
TOTAL ASSETS | 832,444 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,292 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 655,559 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 655,559 |
TOTAL LIABILITIES | 657,851 |
Regular Reserve | 0 |
Other Reserves | 88,627 |
Undivided Earnings | 85,966 |
TOTAL EQUITY | 174,593 |
TOTAL LIABILITIES, SHARES, & EQUITY | 832,444 |
INCOME & EXPENSE | |
Loan Income | 6,291 |
Investment Income | 1,093 |
Other Income | 792 |
Total Employee Compensation & Benefits | 7,798 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 8,137 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -1,972 |
Cost of Funds | 217 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -5,902 |
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