Dec, 31, 2023 — OHIO VALLEY COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in CLARINGTON, OH with 5 branch locations and about $212.71 million in total assets. Opened 64 years ago in 1960, OHIO VALLEY COMMUNITY FEDERAL CREDIT UNION has about 14,648 members and employs 43 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 COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 52775 Boston Hill Rd CLARINGTON, OH 43915 |
| Phone: | (740) 483-2279 |
| Fax: | (740) 483-1757 |
| Website: | https://www.ohiovalleycu.org |
| Branches: | 5 branch locations |
| Members: | 14,648 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24909 |
|---|---|
| Membership Type: | Community - Rural District |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Mar 01, 2023 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $212,707,134 |
| CEO/Manager: | Gregory Harper |
| Chairperson: | Robert L Jones |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 10,366,762 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 63,458,300 |
| Unsecured Loans | 3,657,442 |
| Other Loans | 85,730,538 |
| TOTAL LOANS | 152,846,281 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,181,183 |
| Land And Building | 5,478,668 |
| Other Fixed Assets | 526,224 |
| NCUSIF Deposit | 1,848,802 |
| All Other Assets | 0 |
| TOTAL ASSETS | 212,707,134 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 4,000,000 |
| Accounts Payable & Other Liabilities | 2,143,014 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 24,416,030 |
| Regular shares | 87,338,506 |
| All Other Shares & Deposits | 75,230,531 |
| TOTAL SHARES & DEPOSITS | 186,985,066 |
| TOTAL LIABILITIES | 193,128,080 |
| Regular Reserve | 0 |
| Other Reserves | -4,682,429 |
| Undivided Earnings | 24,261,483 |
| TOTAL EQUITY | 19,579,054 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 212,707,134 |
| INCOME & EXPENSE | |
| Loan Income | 9,668,754 |
| Investment Income | 1,562,238 |
| Other Income | 1,302,814 |
| Total Employee Compensation & Benefits | 3,432,763 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,833,988 |
| Non-operating Income & (Expense) | 128,552 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 746,066 |
| Cost of Funds | 2,051,642 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,362,085 |
| ↑ Back to Top | |