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FIRST OHIO COMMUNITY FEDERAL CREDIT UNION

Mar, 31, 2022 — FIRST OHIO COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in NORTH CANTON, OH with 1 branch location and about $42.16 million in total assets. Opened 85 years ago in 1937, FIRST OHIO COMMUNITY FEDERAL CREDIT UNION has about 3,770 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:http://www.firstohiocfcu.org
Branches:1 branch locations
Members:3,770
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:$42,163,765
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 3,636,663
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 2,685,940
 Unsecured Loans 1,060,998
 Other Loans 13,168,575
 TOTAL LOANS 16,915,513
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -113,863
 Land And Building 861,822
 Other Fixed Assets 116,707
 NCUSIF Deposit 360,024
 All Other Assets 0
  TOTAL ASSETS 42,163,765
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 65,145
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,837,483
 Regular shares 15,887,374
 All Other Shares & Deposits 16,012,425
  TOTAL SHARES & DEPOSITS 38,737,282
  TOTAL LIABILITIES 38,802,427
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,361,338
  TOTAL EQUITY 3,361,338
  TOTAL LIABILITIES, SHARES, & EQUITY 42,163,765
INCOME & EXPENSE  
 Loan Income 143,503
 Investment Income 17,516
 Other Income 43,305
 Total Employee Compensation & Benefits 98,381
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 143,219
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 895
 Cost of Funds 7,721
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -31,447
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