Sep, 30, 2025 — MINERVA AREA FEDERAL CREDIT UNION is a federal credit union headquartered in MINERVA, OH with 2 branch locations and about $15.91 million in total assets. Opened 55 years ago in 1971, MINERVA AREA FEDERAL CREDIT UNION has about 2,420 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: | MINERVA AREA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3570 Union Ave Se MINERVA, OH 44657 |
| Phone: | (330) 868-7080 |
| Fax: | (330) 868-6338 |
| Website: | https://www.minervacreditunion.com |
| Branches: | 2 branch locations |
| Members: | 2,420 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 20622 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1971 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $15,907,280 |
| CEO/Manager: | Jane S Yankovich |
| Chairperson: | David krajcik |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,752,913 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 408,258 |
| Other Loans | 7,091,963 |
| TOTAL LOANS | 7,500,221 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -187,339 |
| Land And Building | 209,305 |
| Other Fixed Assets | 21,465 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 128,091 |
| All Other Assets | 22,202 |
| TOTAL ASSETS | 15,907,280 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 49,212 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,479,514 |
| Regular shares | 8,098,447 |
| All Other Shares & Deposits | 2,751,086 |
| TOTAL SHARES & DEPOSITS | 13,329,047 |
| TOTAL LIABILITIES | 13,378,259 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,529,021 |
| TOTAL EQUITY | 2,529,021 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 15,907,280 |
| INCOME & EXPENSE | |
| Loan Income | 503,562 |
| Investment Income | 267,451 |
| Other Income | 192,433 |
| Total Employee Compensation & Benefits | 341,052 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 254,252 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 89,527 |
| Cost of Funds | 93,467 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 185,148 |
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