Sep, 30, 2025 — SYLVANIA AREA FEDERAL CREDIT UNION is a federal credit union headquartered in SYLVANIA, OH with 1 branch location and about $27.00 million in total assets. Opened 60 years ago in 1966, SYLVANIA AREA FEDERAL CREDIT UNION has about 1,829 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SYLVANIA AREA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 6613 Maplewood Ave SYLVANIA, OH 43560 |
| Phone: | (419) 882-3525 |
| Fax: | (419) 885-2604 |
| Website: | https://www.sylvaniaareafcu.com |
| Branches: | 1 branch locations |
| Members: | 1,829 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 17733 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1966 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $26,999,818 |
| CEO/Manager: | Patricia A Hakeos |
| Chairperson: | Sara Lievens |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,820,127 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,592,924 |
| Unsecured Loans | 533,207 |
| Other Loans | 5,397,855 |
| TOTAL LOANS | 7,523,986 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -32,230 |
| Land And Building | 201,855 |
| Other Fixed Assets | 160,611 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 238,257 |
| All Other Assets | 0 |
| TOTAL ASSETS | 26,999,818 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 82 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 244,231 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,916,147 |
| Regular shares | 9,294,785 |
| All Other Shares & Deposits | 12,727,703 |
| TOTAL SHARES & DEPOSITS | 24,938,635 |
| TOTAL LIABILITIES | 25,182,948 |
| Regular Reserve | 0 |
| Other Reserves | -464,707 |
| Undivided Earnings | 2,281,577 |
| TOTAL EQUITY | 1,816,870 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 26,999,818 |
| INCOME & EXPENSE | |
| Loan Income | 359,912 |
| Investment Income | 471,884 |
| Other Income | 73,780 |
| Total Employee Compensation & Benefits | 196,815 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 334,038 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 36,329 |
| Cost of Funds | 387,412 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -23,684 |
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