Credit Unions Near Me
National Credit Union Service Organization

LAKE COMMUNITY FEDERAL CREDIT UNION

Mar, 31, 2021 — LAKE COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in HARTVILLE, OH with 2 branch locations and about $28.61 million in total assets. Opened 58 years ago in 1963, LAKE COMMUNITY FEDERAL CREDIT UNION has about 3,461 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LAKE COMMUNITY FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 457
HARTVILLE, OH 44632
Phone:(330) 877-4370
Fax:(330) 877-1081
Website:http://www.lakecomfcu.org
Branches:2 branch locations
Members:3,461
Credit Union Type:Federal Credit Union
Charter Number:15942
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1963
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$28,605,293
CEO/Manager:Renee A Rose
Chairperson:Chris Dickens

Call Report

  • Commercial Loans
  • Credit Builder
  • Indirect Consumer Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Pay Day Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • Payday Alternative Loans (PAL Loans)
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • First Time Homebuyer Program
  • Health Savings Accounts

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 10,162,541
TOTAL INVESTMENTS 4,905,534
Loans Held for Sale 0
 
 Real Estate Loans 3,268,672
 Unsecured Loans 346,002
 Other Loans 9,194,106
 TOTAL LOANS 12,879,131
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -32,758
 Land And Building 151,395
 Other Fixed Assets 209,195
 NCUSIF Deposit 205,512
 All Other Assets 124,743
  TOTAL ASSETS 28,605,293
LIABILITIES & CAPITAL:  
 Dividends Payable 1
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 67,103
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,629,565
 Regular shares 19,663,420
 All Other Shares & Deposits 2,291,668
  TOTAL SHARES & DEPOSITS 26,584,653
  TOTAL LIABILITIES 26,651,757
 Regular Reserve 404,301
 Other Reserves 0
 Undivided Earnings 1,549,235
  TOTAL EQUITY 1,953,536
  TOTAL LIABILITIES, SHARES, & EQUITY 28,605,293
INCOME & EXPENSE  
 Loan Income 154,044
 Investment Income 10,482
 Other Income 40,410
 Total Employee Compensation & Benefits 99,578
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 144,878
 Non-operating Income & (Expense) 4,144
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -3,300
 Cost of Funds 2,360
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 15,213
↑ Back to Top

Other Credit Unions

GOODYEAR EMPLOYEES CREDIT UNION
501 Kelly Ave
AKRON, OH 44306
EQUITABLE FEDERAL CREDIT UNION
1889 BRITTAIN ROAD
AKRON, OH 44310
FIRST OHIO COMMUNITY FEDERAL CREDIT UNION
8200 Cleveland Ave NW
NORTH CANTON, OH 44720-5666
DN COMMUNITY FEDERAL CREDIT UNION
3964 FULTON DR NW
CANTON, OH 44718
UNITED METHODIST FINANCIAL CREDIT UNION
PO BOX 2800
NORTH CANTON, OH 44720
ST. JOSEPHS CANTON PARISH FEDERAL CREDIT UNION
1811 WHIPPLE AVE NW
CANTON, OH 44708
SUMMIT FEDERAL CREDIT UNION
P O BOX 1460
AKRON, OH 44309-1460
CANTON SCHOOL EMPLOYEES FEDERAL CREDIT UNION
1380 Market Ave North
CANTON, OH 44714
GENFED FINANCIAL CREDIT UNION
2492 Wedgewood Dr, Suite G
AKRON, OH 44312
COMMUNITY ONE CREDIT UNION OF OHIO
6583 Frank Ave NW
NORTH CANTON, OH 44720