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National Credit Union Service Organization

EAST OHIO GAS YN DIV EMP FEDERAL CREDIT UNION

Sep, 30, 2021 — EAST OHIO GAS YN DIV EMP FEDERAL CREDIT UNION is a federal credit union headquartered in Youngstown, OH with 0 branch location and about $3.45 million in total assets. Opened 86 years ago in 1935, EAST OHIO GAS YN DIV EMP FEDERAL CREDIT UNION has about 329 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:EAST OHIO GAS YN DIV EMP FEDERAL CREDIT UNION
Address:
(Main Office)
1165 W Rayen Ave
Youngstown, OH 44502
Phone:(330) 318-1431
Fax:(330) 318-1417
Website:n/a
Branches:0 branch locations
Members:329
Credit Union Type:Federal Credit Union
Charter Number:345
Membership Type:Service - Communications and Utilities
Corporate Credit Union:No
Year Opened:1935
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$3,450,153
CEO/Manager:George E Errington
Chairperson:Edward J Chaffee

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,133,243
TOTAL INVESTMENTS 511,753
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 277,704
 Other Loans 1,612,014
 TOTAL LOANS 1,889,718
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -113,317
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 26,557
 All Other Assets 2,199
  TOTAL ASSETS 3,450,153
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,679,611
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,679,611
  TOTAL LIABILITIES 2,679,611
 Regular Reserve 128,930
 Other Reserves 0
 Undivided Earnings 641,612
  TOTAL EQUITY 770,542
  TOTAL LIABILITIES, SHARES, & EQUITY 3,450,153
INCOME & EXPENSE  
 Loan Income 63,503
 Investment Income 16,273
 Other Income 483
 Total Employee Compensation & Benefits 47,854
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 12,138
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 38,000
 Cost of Funds 11,548
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -29,281
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