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GREATER CLEVELAND COMMUNITY CREDIT UNION

Mar, 31, 2021 — GREATER CLEVELAND COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in Cleveland, OH with 2 branch locations and about $8.90 million in total assets. Opened 84 years ago in 1937, GREATER CLEVELAND COMMUNITY CREDIT UNION has about 2,995 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:GREATER CLEVELAND COMMUNITY CREDIT UNION
Address:
(Main Office)
601 Lakeside Ave E Rm 3
Cleveland, OH 44114-1015
Phone:(216) 664-2217
Fax:(216) 664-4375
Website:http://www.greaterclevcu.com
Branches:2 branch locations
Members:2,995
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:66860
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1937
Last Audited:Apr 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$8,899,719
CEO/Manager:GLORIA F MCCLENDON
Chairperson:Greg Perryman

Call Report

  • Commercial Loans
  • Micro Business Loans
  • Overdraft Lines of Credit
  • Pay Day Loans
  • Real Estate Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,126,351
TOTAL INVESTMENTS 897,846
Loans Held for Sale 0
 
 Real Estate Loans 300,153
 Unsecured Loans 2,300,865
 Other Loans 2,161,894
 TOTAL LOANS 4,762,912
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -152,300
 Land And Building 0
 Other Fixed Assets 74,282
 NCUSIF Deposit 67,642
 All Other Assets 122,986
  TOTAL ASSETS 8,899,719
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 12,888
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,570,094
 Regular shares 4,612,880
 All Other Shares & Deposits 1,497,109
  TOTAL SHARES & DEPOSITS 7,680,083
  TOTAL LIABILITIES 7,692,971
 Regular Reserve 339,549
 Other Reserves 0
 Undivided Earnings 867,199
  TOTAL EQUITY 1,206,748
  TOTAL LIABILITIES, SHARES, & EQUITY 8,899,719
INCOME & EXPENSE  
 Loan Income 129,759
 Investment Income 650
 Other Income 91,529
 Total Employee Compensation & Benefits 74,684
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 97,218
 Non-operating Income & (Expense) 15,060
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 21,362
 Cost of Funds 4,103
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 39,631
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