Sep, 30, 2025 — TRUECORE FEDERAL CREDIT UNION is a federal credit union headquartered in NEWARK, OH with 4 branch locations and about $239.82 million in total assets. Opened 86 years ago in 1940, TRUECORE FEDERAL CREDIT UNION has about 16,591 members and employs 61 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TRUECORE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 215 Deo Dr NEWARK, OH 43055-3048 |
| Phone: | (740) 345-6608 |
| Fax: | |
| Website: | https://www.truecore.org |
| Branches: | 4 branch locations |
| Members: | 16,591 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 4024 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1940 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $239,817,644 |
| CEO/Manager: | Jason Hall |
| Chairperson: | Benjamin Boring |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 20,472,392 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 99,409,702 |
| Unsecured Loans | 13,605,986 |
| Other Loans | 29,066,167 |
| TOTAL LOANS | 143,005,600 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -895,536 |
| Land And Building | 7,887,570 |
| Other Fixed Assets | 953,003 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,025,495 |
| All Other Assets | 38,334 |
| TOTAL ASSETS | 239,817,644 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 1,859,215 |
| Accounts Payable & Other Liabilities | 2,538,371 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 41,183,706 |
| Regular shares | 96,801,027 |
| All Other Shares & Deposits | 77,681,633 |
| TOTAL SHARES & DEPOSITS | 215,666,366 |
| TOTAL LIABILITIES | 220,063,952 |
| Regular Reserve | 0 |
| Other Reserves | -300,949 |
| Undivided Earnings | 20,054,641 |
| TOTAL EQUITY | 19,753,692 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 239,817,644 |
| INCOME & EXPENSE | |
| Loan Income | 6,066,713 |
| Investment Income | 1,863,838 |
| Other Income | 1,254,971 |
| Total Employee Compensation & Benefits | 3,776,005 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 4,213,155 |
| Non-operating Income & (Expense) | 123,127 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 265,000 |
| Cost of Funds | 1,657,109 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 957,526 |
| ↑ Back to Top | |