Sep, 30, 2025 — MATERION FEDERAL CREDIT UNION is a federal credit union headquartered in ELMORE, OH with 1 branch location and about $31.70 million in total assets. Opened 56 years ago in 1970, MATERION FEDERAL CREDIT UNION has about 2,196 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MATERION FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 14710 W Portage River South Rd ELMORE, OH 43416 |
| Phone: | (419) 862-4115 |
| Fax: | (419) 862-4475 |
| Website: | https://www.materionfcu.com |
| Branches: | 1 branch locations |
| Members: | 2,196 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 20063 |
|---|---|
| Membership Type: | Manufacturing - Primary and Fabricated Metals |
| Corporate Credit Union: | No |
| Year Opened: | 1970 |
| Last Audited: | Nov 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $31,695,622 |
| CEO/Manager: | Tiffany Zinn |
| Chairperson: | Josh Seigley |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,519,327 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,689,682 |
| Unsecured Loans | 1,175,913 |
| Other Loans | 16,060,579 |
| TOTAL LOANS | 21,926,174 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -92,737 |
| Land And Building | 0 |
| Other Fixed Assets | 94,126 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 249,861 |
| All Other Assets | 0 |
| TOTAL ASSETS | 31,695,622 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 126 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 197,821 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,631,086 |
| Regular shares | 8,301,180 |
| All Other Shares & Deposits | 14,044,024 |
| TOTAL SHARES & DEPOSITS | 25,976,289 |
| TOTAL LIABILITIES | 26,174,236 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 5,521,386 |
| TOTAL EQUITY | 5,521,386 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 31,695,622 |
| INCOME & EXPENSE | |
| Loan Income | 921,017 |
| Investment Income | 245,332 |
| Other Income | 191,497 |
| Total Employee Compensation & Benefits | 342,184 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 281,338 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 60,900 |
| Cost of Funds | 353,550 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 356,721 |
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