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OHIO VALLEY FEDERAL CREDIT UNION

Sep, 30, 2025 — OHIO VALLEY FEDERAL CREDIT UNION is a federal credit union headquartered in BATAVIA, OH with 1 branch location and about $26.02 million in total assets. Opened 49 years ago in 1977, OHIO VALLEY FEDERAL CREDIT UNION has about 2,114 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:OHIO VALLEY FEDERAL CREDIT UNION
Address:
(Main Office)
2091 James E Sauls Sr Dr
BATAVIA, OH 45103-3255
Phone:(513) 724-6098
Fax:(513) 724-6093
Website:https://www.ovfcu.org
Branches:1 branch locations
Members:2,114
Credit Union Type:Federal Credit Union
Charter Number:22688
Membership Type:Multiple common bond - Primarily machinery
Corporate Credit Union:No
Year Opened:1977
Last Audited:Sep 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$26,023,945
CEO/Manager:Charles L Ward
Chairperson:John Zehler

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 932,630
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,868,430
 Unsecured Loans 445,258
 Other Loans 4,009,440
 TOTAL LOANS 9,693,662
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -58,000
 Land And Building 123,610
 Other Fixed Assets 82,145
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 245,767
 All Other Assets 0
  TOTAL ASSETS 26,023,945
LIABILITIES & CAPITAL:  
 Dividends Payable 3,113
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 90,264
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,743,606
 Regular shares 10,341,141
 All Other Shares & Deposits 7,530,733
  TOTAL SHARES & DEPOSITS 23,615,480
  TOTAL LIABILITIES 23,708,857
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,315,088
  TOTAL EQUITY 2,315,088
  TOTAL LIABILITIES, SHARES, & EQUITY 26,023,945
INCOME & EXPENSE  
 Loan Income 474,487
 Investment Income 376,478
 Other Income 45,057
 Total Employee Compensation & Benefits 246,034
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 437,921
 Non-operating Income & (Expense) -17,528
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 30,019
 Cost of Funds 126,262
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 128,826
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