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GREATER WAYNE COMMUNITY FEDERAL CREDIT UNION

Sep, 30, 2025 — GREATER WAYNE COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in RITTMAN, OH with 2 branch locations and about $30.95 million in total assets. Opened 85 years ago in 1941, GREATER WAYNE COMMUNITY FEDERAL CREDIT UNION has about 3,201 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:GREATER WAYNE COMMUNITY FEDERAL CREDIT UNION
Address:
(Main Office)
328 N Main St
RITTMAN, OH 44270-1143
Phone:(330) 927-2516
Fax:(330) 927-0701
Website:https://www.gwcfcu.com
Branches:2 branch locations
Members:3,201
Credit Union Type:Federal Credit Union
Charter Number:4369
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1941
Last Audited:Sep 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$30,949,542
CEO/Manager:Mathew Stuart
Chairperson:Craig Beltz

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,600,130
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 288,822
 Unsecured Loans 1,064,381
 Other Loans 14,488,419
 TOTAL LOANS 15,841,622
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -174,457
 Land And Building 29,456
 Other Fixed Assets 41,408
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 272,175
 All Other Assets 0
  TOTAL ASSETS 30,949,542
LIABILITIES & CAPITAL:  
 Dividends Payable 59
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 97,667
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,340,211
 Regular shares 14,533,202
 All Other Shares & Deposits 7,626,487
  TOTAL SHARES & DEPOSITS 27,499,900
  TOTAL LIABILITIES 27,597,626
 Regular Reserve 0
 Other Reserves 637,255
 Undivided Earnings 2,714,661
  TOTAL EQUITY 3,351,916
  TOTAL LIABILITIES, SHARES, & EQUITY 30,949,542
INCOME & EXPENSE  
 Loan Income 779,521
 Investment Income 422,753
 Other Income 109,107
 Total Employee Compensation & Benefits 408,721
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 403,806
 Non-operating Income & (Expense) 10,000
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 46,073
 Cost of Funds 184,256
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 304,055
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