Credit Unions Near Me
National Credit Union Service Organization

WES CREDIT UNION

Sep, 30, 2021 — WES CREDIT UNION is a federally insured state chartered credit union headquartered in WILLOUGHBY, OH with 1 branch location and about $15.20 million in total assets. Opened 67 years ago in 1954, WES CREDIT UNION has about 1,645 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:WES CREDIT UNION
Address:
(Main Office)
38024 2ND ST
WILLOUGHBY, OH 44094-6105
Phone:(440) 942-6981
Fax:(440) 918-9681
Website:http://www.wescreditunion.com
Branches:1 branch locations
Members:1,645
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61233
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1954
Last Audited:Nov 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$15,199,673
CEO/Manager:Steve Simone
Chairperson:Michelle Augusta

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 747,847
TOTAL INVESTMENTS 11,323,311
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 633,002
 Other Loans 2,264,678
 TOTAL LOANS 2,897,680
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -20,580
 Land And Building 28,401
 Other Fixed Assets 27,357
 NCUSIF Deposit 126,593
 All Other Assets 69,064
  TOTAL ASSETS 15,199,673
LIABILITIES & CAPITAL:  
 Dividends Payable 176
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 12,278
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,106,646
 Regular shares 11,646,766
 All Other Shares & Deposits 140,113
  TOTAL SHARES & DEPOSITS 13,893,525
  TOTAL LIABILITIES 13,905,979
 Regular Reserve 126,655
 Other Reserves 37,917
 Undivided Earnings 1,129,122
  TOTAL EQUITY 1,293,694
  TOTAL LIABILITIES, SHARES, & EQUITY 15,199,673
INCOME & EXPENSE  
 Loan Income 116,468
 Investment Income 106,195
 Other Income 27,719
 Total Employee Compensation & Benefits 112,837
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 138,188
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 7,226
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -414
↑ Back to Top

Other Credit Unions

CLEVELAND CHURCH OF CHRIST FEDERAL CREDIT UNION
1035 E. 105TH STREET
CLEVELAND, OH 44108
SHAKER HEIGHTS FEDERAL CREDIT UNION
3450 LEE RD, ROOM 205
SHAKER HEIGHTS, OH 44120
ST. PASCHAL BAYLONS FEDERAL CREDIT UNION
5384 WILSON MILLS RD
HIGHLAND HEIGHT, OH 44143-3023
ORANGE SCHOOL EMPLOYEES CREDIT UNION
32000 Chagrin Blvd
PEPPER PIKE, OH 44124
CLEVELAND HEIGHTS TEACHERS CREDIT UNION
14780 SUPERIOR RD
CLEVELAND, OH 44118-2121
ACME FEDERAL CREDIT UNION
34799 CURTIS BLVD, SUITE B
EASTLAKE, OH 44095
FASSON EMPLOYEES FEDERAL CREDIT UNION
250 CHESTER ST # 1-E
PAINESVILLE, OH 44077-4118
LAKE COUNTY EDUCATIONAL FEDERAL CREDIT UNION
1595 MENTOR AVE
PAINESVILLE, OH 44077
PAINESVILLE CREDIT UNION
280 N SAINT CLAIR ST
PAINESVILLE, OH 44077
L. E. O. CREDIT UNION
P.O. Box 937
PAINESVILLE, OH 44077