Sep, 30, 2025 — DIRECTIONS CREDIT UNION is a federally insured state chartered credit union headquartered in TOLEDO, OH with 21 branch locations and about $1.34 billion in total assets. Opened 73 years ago in 1953, DIRECTIONS CREDIT UNION has about 94,708 members and employs 293 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | DIRECTIONS CREDIT UNION |
|---|---|
| Address: (Main Office) | 200 N Saint Clair St Ste 1600 TOLEDO, OH 43604-1549 |
| Phone: | (419) 841-9838 |
| Fax: | |
| Website: | https://www.directionscu.org |
| Branches: | 21 branch locations |
| Members: | 94,708 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60978 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,338,245,932 |
| CEO/Manager: | Barry Shaner |
| Chairperson: | Mark A Kott |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 145,496,314 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 466,950 |
| Real Estate Loans | 560,781,141 |
| Unsecured Loans | 78,269,591 |
| Other Loans | 463,949,138 |
| TOTAL LOANS | 1,104,372,669 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,820,580 |
| Land And Building | 7,062,173 |
| Other Fixed Assets | 12,093,673 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 10,720,590 |
| All Other Assets | 935,912 |
| TOTAL ASSETS | 1,338,245,932 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 27,726,606 |
| Accounts Payable & Other Liabilities | 28,097,121 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 224,104,671 |
| Regular shares | 304,991,441 |
| All Other Shares & Deposits | 627,419,629 |
| TOTAL SHARES & DEPOSITS | 1,156,515,741 |
| TOTAL LIABILITIES | 1,212,339,468 |
| Regular Reserve | 0 |
| Other Reserves | 21,530,456 |
| Undivided Earnings | 104,376,008 |
| TOTAL EQUITY | 125,906,464 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,338,245,932 |
| INCOME & EXPENSE | |
| Loan Income | 44,462,342 |
| Investment Income | 5,578,043 |
| Other Income | 3,567,854 |
| Total Employee Compensation & Benefits | 19,129,773 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 19,513,106 |
| Non-operating Income & (Expense) | 79,496 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,230,000 |
| Cost of Funds | 15,671,557 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 4,226,074 |
| ↑ Back to Top | |