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OHIO TEAMSTERS CREDIT UNION

Sep, 30, 2025 — OHIO TEAMSTERS CREDIT UNION is a federally insured state chartered credit union headquartered in INDEPENDENCE, OH with 1 branch location and about $16.29 million in total assets. Opened 86 years ago in 1940, OHIO TEAMSTERS CREDIT UNION has about 2,586 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:OHIO TEAMSTERS CREDIT UNION
Address:
(Main Office)
6100 Rockside Woods Blvd N Ste 150
INDEPENDENCE, OH 44131-2334
Phone:(216) 573-6700
Fax:(216) 573-6732
Website:https://www.ohioteamsterscu.com
Branches:1 branch locations
Members:2,586
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61136
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1940
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$16,293,403
CEO/Manager:John R Schaffner
Chairperson:Dennis Kashi

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,405,051
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 521,496
 Unsecured Loans 464,963
 Other Loans 6,560,439
 TOTAL LOANS 7,546,890
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -211,327
 Land And Building 0
 Other Fixed Assets 53,895
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 124,799
 All Other Assets 0
  TOTAL ASSETS 16,293,403
LIABILITIES & CAPITAL:  
 Dividends Payable 386
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 19,911
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 680,208
 Regular shares 7,806,955
 All Other Shares & Deposits 3,280,217
  TOTAL SHARES & DEPOSITS 11,767,380
  TOTAL LIABILITIES 11,787,677
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 4,505,726
  TOTAL EQUITY 4,505,726
  TOTAL LIABILITIES, SHARES, & EQUITY 16,293,403
INCOME & EXPENSE  
 Loan Income 359,018
 Investment Income 242,341
 Other Income 112,353
 Total Employee Compensation & Benefits 240,232
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 287,913
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 71,903
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 121,382
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