Sep, 30, 2025 — FIRSTENERGY FAMILY CREDIT UNION is a federally insured state chartered credit union headquartered in AKRON, OH with 2 branch locations and about $44.00 million in total assets. Opened 90 years ago in 1936, FIRSTENERGY FAMILY CREDIT UNION has about 4,319 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.
| 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: | https://www.fefcu.com |
| Branches: | 2 branch locations |
| Members: | 4,319 |
| 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, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $43,995,500 |
| CEO/Manager: | Timothy T Baker |
| Chairperson: | William B Shonk |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,286,889 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 9,568,137 |
| Unsecured Loans | 327,211 |
| Other Loans | 17,959,861 |
| TOTAL LOANS | 27,855,210 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -121,138 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 352,456 |
| All Other Assets | 0 |
| TOTAL ASSETS | 43,995,500 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 24,779 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 28,582,455 |
| All Other Shares & Deposits | 7,995,628 |
| TOTAL SHARES & DEPOSITS | 36,578,082 |
| TOTAL LIABILITIES | 36,602,861 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 7,392,639 |
| TOTAL EQUITY | 7,392,639 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 43,995,500 |
| INCOME & EXPENSE | |
| Loan Income | 1,156,590 |
| Investment Income | 526,827 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 411,168 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 254,195 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 308,356 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 709,698 |
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