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FIRST OHIO COMMUNITY FEDERAL CREDIT UNION

Sep, 30, 2022 — FIRST OHIO COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in NORTH CANTON, OH with 1 branch location and about $42.87 million in total assets. Opened 86 years ago in 1937, FIRST OHIO COMMUNITY FEDERAL CREDIT UNION has about 3,855 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FIRST OHIO COMMUNITY FEDERAL CREDIT UNION
Address:
(Main Office)
8200 Cleveland Ave NW
NORTH CANTON, OH 44720-5666
Phone:(330) 494-8775
Fax:(330) 494-7187
Website:https://www.firstohiocfcu.org
Branches:1 branch locations
Members:3,855
Credit Union Type:Federal Credit Union
Charter Number:2454
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1937
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$42,867,192
CEO/Manager:Kim Lapinski
Chairperson:Lester Schwallie

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,147,045
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 2,676,950
 Unsecured Loans 1,023,224
 Other Loans 20,311,235
 TOTAL LOANS 24,011,409
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -128,794
 Land And Building 851,972
 Other Fixed Assets 44,575
 NCUSIF Deposit 374,734
 All Other Assets 0
  TOTAL ASSETS 42,867,192
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 90,653
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,876,190
 Regular shares 16,476,734
 All Other Shares & Deposits 16,075,588
  TOTAL SHARES & DEPOSITS 39,428,512
  TOTAL LIABILITIES 39,519,165
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,348,027
  TOTAL EQUITY 3,348,027
  TOTAL LIABILITIES, SHARES, & EQUITY 42,867,192
INCOME & EXPENSE  
 Loan Income 491,409
 Investment Income 84,821
 Other Income 138,692
 Total Employee Compensation & Benefits 320,428
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 448,263
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 15,881
 Cost of Funds 23,544
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -44,759
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