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FIRSTENERGY FAMILY CREDIT UNION

Jun, 30, 2021 — FIRSTENERGY FAMILY CREDIT UNION is a federally insured state chartered credit union headquartered in AKRON, OH with 0 branch location and about $46.65 million in total assets. Opened 85 years ago in 1936, FIRSTENERGY FAMILY CREDIT UNION has about 4,524 members and employs 5 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: 241273104
Name:FIRSTENERGY FAMILY CREDIT UNION
Address:
(Main Office)
575 WHITE POND DR STE E
AKRON, OH 44320-1184
Phone:(330) 535-3611
Fax:(330) 535-3611
Website:http://www.fefcu.com
Branches:0 branch locations
Members:4,524
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61620
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1936
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$46,650,391
CEO/Manager:Timothy T Baker
Chairperson:William B Shonk

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,573,011
TOTAL INVESTMENTS 12,517,000
Loans Held for Sale 0
 
 Real Estate Loans 8,431,292
 Unsecured Loans 399,431
 Other Loans 19,406,104
 TOTAL LOANS 28,236,827
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -116,182
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 376,731
 All Other Assets 63,004
  TOTAL ASSETS 46,650,391
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 11,013
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 40,532,151
 All Other Shares & Deposits 12,288
  TOTAL SHARES & DEPOSITS 40,544,439
  TOTAL LIABILITIES 40,555,452
 Regular Reserve 778,798
 Other Reserves 0
 Undivided Earnings 5,316,141
  TOTAL EQUITY 6,094,939
  TOTAL LIABILITIES, SHARES, & EQUITY 46,650,391
INCOME & EXPENSE  
 Loan Income 443,558
 Investment Income 60,063
 Other Income 0
 Total Employee Compensation & Benefits 218,041
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 154,626
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 40,080
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 100,649
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