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COLUMBIANA COUNTY SCHOOL EMPL CREDIT UNION

Mar, 31, 2021 — COLUMBIANA COUNTY SCHOOL EMPL CREDIT UNION is a federally insured state chartered credit union headquartered in Lisbon, OH with 1 branch location and about $9.40 million in total assets. Opened 66 years ago in 1955, COLUMBIANA COUNTY SCHOOL EMPL CREDIT UNION has about 1,020 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:COLUMBIANA COUNTY SCHOOL EMPL CREDIT UNION
Address:
(Main Office)
P.O. Box 444
Lisbon, OH 44432
Phone:(330) 424-9649
Fax:(330) 424-4733
Website:http://ccsecreditunion.com
Branches:1 branch locations
Members:1,020
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:63676
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1955
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$9,399,288
CEO/Manager:Jeannette Marra
Chairperson:Robert F Marra

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,558,966
TOTAL INVESTMENTS 5,146,278
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 712,074
 Other Loans 1,916,874
 TOTAL LOANS 2,628,948
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -40,397
 Land And Building 0
 Other Fixed Assets 6,241
 NCUSIF Deposit 70,638
 All Other Assets 28,614
  TOTAL ASSETS 9,399,288
LIABILITIES & CAPITAL:  
 Dividends Payable 1,872
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 12,598
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 7,771,566
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 7,771,566
  TOTAL LIABILITIES 7,786,036
 Regular Reserve 292,000
 Other Reserves 0
 Undivided Earnings 1,321,252
  TOTAL EQUITY 1,613,252
  TOTAL LIABILITIES, SHARES, & EQUITY 9,399,288
INCOME & EXPENSE  
 Loan Income 43,006
 Investment Income 23,100
 Other Income 64
 Total Employee Compensation & Benefits 33,390
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 28,126
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -4,950
 Cost of Funds 1,872
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 7,732
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