Sep, 30, 2025 — GLASS CITY FEDERAL CREDIT UNION is a federal credit union headquartered in MAUMEE, OH with 5 branch locations and about $311.16 million in total assets. Opened 79 years ago in 1947, GLASS CITY FEDERAL CREDIT UNION has about 26,501 members and employs 65 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GLASS CITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1340 Arrowhead Dr MAUMEE, OH 43537 |
| Phone: | (419) 887-1000 |
| Fax: | (419) 887-1098 |
| Website: | https://www.glasscityfcu.com |
| Branches: | 5 branch locations |
| Members: | 26,501 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5495 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1947 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $311,162,007 |
| CEO/Manager: | Julie Komisar |
| Chairperson: | Phil Browarsky |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 26,378,343 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 74,979,819 |
| Unsecured Loans | 9,733,983 |
| Other Loans | 142,794,903 |
| TOTAL LOANS | 227,955,936 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,369,129 |
| Land And Building | 6,159,356 |
| Other Fixed Assets | 559,352 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,501,356 |
| All Other Assets | 0 |
| TOTAL ASSETS | 311,162,007 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 686,295 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,911,662 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 51,815,939 |
| Regular shares | 127,439,626 |
| All Other Shares & Deposits | 94,712,157 |
| TOTAL SHARES & DEPOSITS | 273,967,722 |
| TOTAL LIABILITIES | 278,565,679 |
| Regular Reserve | 0 |
| Other Reserves | 52,487 |
| Undivided Earnings | 32,543,841 |
| TOTAL EQUITY | 32,596,328 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 311,162,007 |
| INCOME & EXPENSE | |
| Loan Income | 9,494,831 |
| Investment Income | 1,122,366 |
| Other Income | 1,454,668 |
| Total Employee Compensation & Benefits | 3,952,748 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 4,199,786 |
| Non-operating Income & (Expense) | -104,450 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 400,000 |
| Cost of Funds | 2,492,313 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,391,224 |
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