Sep, 30, 2025 — COMMUNITY FIRST CREDIT UNION is a federally insured state chartered credit union headquartered in ASHTABULA, OH with 2 branch locations and about $95.53 million in total assets. Opened 71 years ago in 1955, COMMUNITY FIRST CREDIT UNION has about 5,032 members and employs 16 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COMMUNITY FIRST CREDIT UNION |
|---|---|
| Address: (Main Office) | 2043 E Prospect Rd ASHTABULA, OH 44004 |
| Phone: | (440) 997-5919 |
| Fax: | (440) 992-6244 |
| Website: | https://www.cfcua.com |
| Branches: | 2 branch locations |
| Members: | 5,032 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61094 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Jul 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $95,527,212 |
| CEO/Manager: | Mark DeGeorge |
| Chairperson: | Michael Fitchet |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,981,164 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 28,884,927 |
| Unsecured Loans | 2,718,413 |
| Other Loans | 13,087,264 |
| TOTAL LOANS | 44,690,604 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -266,221 |
| Land And Building | 723,387 |
| Other Fixed Assets | 123,338 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 782,623 |
| All Other Assets | 45,461 |
| TOTAL ASSETS | 95,527,212 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,129,321 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 12,425,727 |
| Regular shares | 39,044,698 |
| All Other Shares & Deposits | 29,960,922 |
| TOTAL SHARES & DEPOSITS | 81,431,347 |
| TOTAL LIABILITIES | 82,560,668 |
| Regular Reserve | 0 |
| Other Reserves | 13,982 |
| Undivided Earnings | 12,952,562 |
| TOTAL EQUITY | 12,966,544 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 95,527,212 |
| INCOME & EXPENSE | |
| Loan Income | 1,971,831 |
| Investment Income | 1,088,212 |
| Other Income | 295,178 |
| Total Employee Compensation & Benefits | 1,007,252 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,302,347 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 72,452 |
| Cost of Funds | 536,487 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 466,994 |
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