Sep, 30, 2025 — PAINESVILLE CREDIT UNION is a federally insured state chartered credit union headquartered in PAINESVILLE, OH with 1 branch location and about $46.21 million in total assets. Opened 84 years ago in 1942, PAINESVILLE CREDIT UNION has about 6,020 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PAINESVILLE CREDIT UNION |
|---|---|
| Address: (Main Office) | 280 N Saint Clair St PAINESVILLE, OH 44077 |
| Phone: | (440) 352-8974 |
| Fax: | (440) 352-8110 |
| Website: | https://www.painesvillecu.org/ |
| Branches: | 1 branch locations |
| Members: | 6,020 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 63679 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1942 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $46,214,129 |
| CEO/Manager: | Lori Guzzi |
| Chairperson: | Kenneth Takacs |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,188,869 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,143,514 |
| Unsecured Loans | 1,371,863 |
| Other Loans | 21,199,439 |
| TOTAL LOANS | 25,714,816 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -150,406 |
| Land And Building | 3,996,952 |
| Other Fixed Assets | 183,928 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 372,717 |
| All Other Assets | 0 |
| TOTAL ASSETS | 46,214,129 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 429,836 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,417,057 |
| Regular shares | 24,243,290 |
| All Other Shares & Deposits | 6,878,180 |
| TOTAL SHARES & DEPOSITS | 38,538,528 |
| TOTAL LIABILITIES | 38,968,364 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 7,245,765 |
| TOTAL EQUITY | 7,245,765 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 46,214,129 |
| INCOME & EXPENSE | |
| Loan Income | 1,168,225 |
| Investment Income | 378,970 |
| Other Income | 259,639 |
| Total Employee Compensation & Benefits | 600,533 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 880,919 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -25,515 |
| Cost of Funds | 134,886 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 418,309 |
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