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S T O F F E FEDERAL CREDIT UNION

Sep, 30, 2025 — S T O F F E FEDERAL CREDIT UNION is a federal credit union headquartered in Solon, OH with 1 branch location and about $5.59 million in total assets. Opened 61 years ago in 1965, S T O F F E FEDERAL CREDIT UNION has about 1,839 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:S T O F F E FEDERAL CREDIT UNION
Address:
(Main Office)
5750 Harper Rd
Solon, OH 44139-1831
Phone:(440) 715-2010
Fax:
Website:n/a
Branches:1 branch locations
Members:1,839
Credit Union Type:Federal Credit Union
Charter Number:16682
Membership Type:Manufacturing - All Other
Corporate Credit Union:No
Year Opened:1965
Last Audited:Mar 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$5,591,837
CEO/Manager:Necia L Burns
Chairperson:Pete Troyan

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 621,501
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 129,708
 Other Loans 1,740,881
 TOTAL LOANS 2,396,043
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -30,000
 Land And Building 0
 Other Fixed Assets 1,388
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 40,482
 All Other Assets 0
  TOTAL ASSETS 5,591,837
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 16,090
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 204,558
 Regular shares 3,862,241
 All Other Shares & Deposits 325,068
  TOTAL SHARES & DEPOSITS 4,391,867
  TOTAL LIABILITIES 3,012,031
 Regular Reserve 0
 Other Reserves 241,504
 Undivided Earnings 942,376
  TOTAL EQUITY 1,183,880
  TOTAL LIABILITIES, SHARES, & EQUITY 4,257,411
INCOME & EXPENSE  
 Loan Income 57,770
 Investment Income 56,221
 Other Income 6,778
 Total Employee Compensation & Benefits 56,946
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 81,416
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 44,800
 Cost of Funds 4,845
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -2,239
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