Sep, 30, 2025 — LAKEVIEW FEDERAL CREDIT UNION is a federal credit union headquartered in ASHTABULA, OH with 3 branch locations and about $153.15 million in total assets. Opened 65 years ago in 1961, LAKEVIEW FEDERAL CREDIT UNION has about 8,209 members and employs 22 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LAKEVIEW FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2909 State Rd ASHTABULA, OH 44004 |
| Phone: | (440) 998-2707 |
| Fax: | (440) 992-7009 |
| Website: | https://www.lakeviewfcu.com |
| Branches: | 3 branch locations |
| Members: | 8,209 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 14584 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $153,146,824 |
| CEO/Manager: | Jamie M Ortiz |
| Chairperson: | Arthur C Risley |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 7,667,031 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 47,591,229 |
| Unsecured Loans | 1,568,377 |
| Other Loans | 10,776,561 |
| TOTAL LOANS | 60,207,129 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -477,702 |
| Land And Building | 1,189,282 |
| Other Fixed Assets | 163,490 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,243,238 |
| All Other Assets | 12,958 |
| TOTAL ASSETS | 153,146,824 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 704,546 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 22,762,164 |
| Regular shares | 33,612,563 |
| All Other Shares & Deposits | 78,244,502 |
| TOTAL SHARES & DEPOSITS | 134,619,229 |
| TOTAL LIABILITIES | 135,323,775 |
| Regular Reserve | 0 |
| Other Reserves | -433,876 |
| Undivided Earnings | 18,256,925 |
| TOTAL EQUITY | 17,823,049 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 153,146,824 |
| INCOME & EXPENSE | |
| Loan Income | 2,572,568 |
| Investment Income | 2,406,411 |
| Other Income | 337,832 |
| Total Employee Compensation & Benefits | 1,389,724 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,667,989 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,198 |
| Cost of Funds | 1,438,949 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,194,769 |
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