Sep, 30, 2025 — CAREY POVERELLO FEDERAL CREDIT UNION is a federal credit union headquartered in CAREY, OH with 1 branch location and about $28.23 million in total assets. Opened 76 years ago in 1950, CAREY POVERELLO FEDERAL CREDIT UNION has about 1,687 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CAREY POVERELLO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 201 N Vance St CAREY, OH 43316-1038 |
| Phone: | (419) 396-6071 |
| Fax: | (419) 396-3704 |
| Website: | https://www.poverellofcu.com |
| Branches: | 1 branch locations |
| Members: | 1,687 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6636 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1950 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $28,225,752 |
| CEO/Manager: | Austin W Pahl |
| Chairperson: | James Nye |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 699,941 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 307,341 |
| Unsecured Loans | 691,665 |
| Other Loans | 8,529,129 |
| TOTAL LOANS | 9,528,135 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -66,840 |
| Land And Building | 146,136 |
| Other Fixed Assets | 19,834 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 219,862 |
| All Other Assets | 0 |
| TOTAL ASSETS | 28,225,752 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 54,724 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 65,699 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,853,412 |
| Regular shares | 10,579,671 |
| All Other Shares & Deposits | 11,652,144 |
| TOTAL SHARES & DEPOSITS | 24,085,227 |
| TOTAL LIABILITIES | 24,205,650 |
| Regular Reserve | 0 |
| Other Reserves | 208,838 |
| Undivided Earnings | 3,811,264 |
| TOTAL EQUITY | 4,020,102 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 28,225,752 |
| INCOME & EXPENSE | |
| Loan Income | 479,369 |
| Investment Income | 484,783 |
| Other Income | 84,290 |
| Total Employee Compensation & Benefits | 335,826 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 271,511 |
| Non-operating Income & (Expense) | -25 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -19,029 |
| Cost of Funds | 336,952 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 163,341 |
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