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OHIO UNIVERSITY CREDIT UNION

Sep, 30, 2025 — OHIO UNIVERSITY CREDIT UNION is a federally insured state chartered credit union headquartered in ATHENS, OH with 5 branch locations and about $520.42 million in total assets. Opened 71 years ago in 1955, OHIO UNIVERSITY CREDIT UNION has about 26,360 members and employs 116 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 244273826
Name:OHIO UNIVERSITY CREDIT UNION
Address:
(Main Office)
944 E State St
ATHENS, OH 45701
Phone:(740) 597-2800
Fax:(740) 597-2839
Website:https://www.oucu.org
Branches:5 branch locations
Members:26,360
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61048
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1955
Last Audited:Dec 01, 2024
FHLB Member:Yes
Low Income Designation:No
Assets:$520,423,761
CEO/Manager:Cory Corrigan
Chairperson:Thom Luce

Call Report

  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 32,182,284
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 302,379,307
 Unsecured Loans 42,672,343
 Other Loans 52,022,695
 TOTAL LOANS 397,979,690
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -4,026,048
 Land And Building 11,360,736
 Other Fixed Assets 2,681,540
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 3,895,825
 All Other Assets 31,069
  TOTAL ASSETS 520,423,761
LIABILITIES & CAPITAL:  
 Dividends Payable 11
 Notes & Interest Payable 25,000,000
 Accounts Payable & Other Liabilities 9,065,084
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 97,935,875
 Regular shares 82,744,431
 All Other Shares & Deposits 251,156,567
  TOTAL SHARES & DEPOSITS 431,836,873
  TOTAL LIABILITIES 465,901,968
 Regular Reserve 0
 Other Reserves -7,065,069
 Undivided Earnings 61,586,862
  TOTAL EQUITY 54,521,793
  TOTAL LIABILITIES, SHARES, & EQUITY 520,423,761
INCOME & EXPENSE  
 Loan Income 17,875,305
 Investment Income 1,359,017
 Other Income 4,249,594
 Total Employee Compensation & Benefits 10,215,759
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 8,529,382
 Non-operating Income & (Expense) -27,787
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,245,627
 Cost of Funds 4,813,333
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 899,045
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