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CHAMPION FEDERAL CREDIT UNION

Sep, 30, 2025 — CHAMPION FEDERAL CREDIT UNION is a federal credit union headquartered in CAMBRIDGE, OH with 1 branch location and about $7.14 million in total assets. Opened 56 years ago in 1970, CHAMPION FEDERAL CREDIT UNION has about 608 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:CHAMPION FEDERAL CREDIT UNION
Address:
(Main Office)
6420 Glenn Hwy
CAMBRIDGE, OH 43725
Phone:(740) 432-6713
Fax:
Website:https://www.championfcu.com
Branches:1 branch locations
Members:608
Credit Union Type:Federal Credit Union
Charter Number:20570
Membership Type:Manufacturing - Transportation Equipment
Corporate Credit Union:No
Year Opened:1970
Last Audited:Jul 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$7,136,326
CEO/Manager:Jessie M Wells
Chairperson:Paula Smith

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,729,945
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 158,709
 Other Loans 2,652,512
 TOTAL LOANS 2,811,221
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -26,707
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 51,497
 All Other Assets 0
  TOTAL ASSETS 7,136,326
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 6,008
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 211,338
 Regular shares 3,836,862
 All Other Shares & Deposits 2,203,700
  TOTAL SHARES & DEPOSITS 6,251,901
  TOTAL LIABILITIES 6,257,909
 Regular Reserve 0
 Other Reserves 95,486
 Undivided Earnings 782,931
  TOTAL EQUITY 878,417
  TOTAL LIABILITIES, SHARES, & EQUITY 7,136,326
INCOME & EXPENSE  
 Loan Income 131,470
 Investment Income 91,096
 Other Income 8,623
 Total Employee Compensation & Benefits 59,073
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 51,103
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 64,943
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 56,070
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