Sep, 30, 2025 — CENTURY FEDERAL CREDIT UNION is a federal credit union headquartered in INDEPENDENCE, OH with 8 branch locations and about $468.12 million in total assets. Opened 78 years ago in 1948, CENTURY FEDERAL CREDIT UNION has about 29,976 members and employs 83 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CENTURY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4600 Rockside Rd INDEPENDENCE, OH 44131-2167 |
| Phone: | (216) 535-3200 |
| Fax: | |
| Website: | https://www.cenfedcu.org |
| Branches: | 8 branch locations |
| Members: | 29,976 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5852 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1948 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $468,121,940 |
| CEO/Manager: | Dave Wilde |
| Chairperson: | Peter Bonacuse |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 21,853,138 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 246,425,164 |
| Unsecured Loans | 23,355,959 |
| Other Loans | 54,809,923 |
| TOTAL LOANS | 324,591,046 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,815,449 |
| Land And Building | 4,006,337 |
| Other Fixed Assets | 2,580,711 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 3,619,340 |
| All Other Assets | 0 |
| TOTAL ASSETS | 468,121,940 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 20,156 |
| Notes & Interest Payable | 14,589,428 |
| Accounts Payable & Other Liabilities | 3,536,779 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 77,678,092 |
| Regular shares | 148,229,182 |
| All Other Shares & Deposits | 180,941,171 |
| TOTAL SHARES & DEPOSITS | 406,848,446 |
| TOTAL LIABILITIES | 425,035,469 |
| Regular Reserve | 0 |
| Other Reserves | -6,314,007 |
| Undivided Earnings | 49,400,478 |
| TOTAL EQUITY | 43,086,471 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 468,121,940 |
| INCOME & EXPENSE | |
| Loan Income | 11,798,134 |
| Investment Income | 3,207,818 |
| Other Income | 1,057,883 |
| Total Employee Compensation & Benefits | 6,536,674 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 6,133,874 |
| Non-operating Income & (Expense) | 166,586 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 550,573 |
| Cost of Funds | 3,125,162 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,946,091 |
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