Dec, 31, 2023 — GREATER CLEVELAND COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in CLEVELAND, OH with 1 branch location and about $9.18 million in total assets. Opened 87 years ago in 1937, GREATER CLEVELAND COMMUNITY CREDIT UNION has about 2,861 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 |
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Address: (Main Office) | 601 Lakeside Ave E Rm 3 CLEVELAND, OH 44114-1015 |
Phone: | (216) 664-2217 |
Fax: | (216) 664-4375 |
Website: | https://www.greaterclevcu.com |
Branches: | 1 branch locations |
Members: | 2,861 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 66860 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1937 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $9,181,294 |
CEO/Manager: | Steven Sims |
Chairperson: | Greg Perryman |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,771,921 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 272,525 |
Unsecured Loans | 3,284,008 |
Other Loans | 3,101,762 |
TOTAL LOANS | 6,658,295 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -307,748 |
Land And Building | 0 |
Other Fixed Assets | 64,423 |
NCUSIF Deposit | 70,621 |
All Other Assets | 0 |
TOTAL ASSETS | 9,181,294 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 349,531 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 989,646 |
Regular shares | 4,345,173 |
All Other Shares & Deposits | 1,164,653 |
TOTAL SHARES & DEPOSITS | 6,499,472 |
TOTAL LIABILITIES | 6,849,003 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,332,291 |
TOTAL EQUITY | 2,332,291 |
TOTAL LIABILITIES, SHARES, & EQUITY | 9,181,294 |
INCOME & EXPENSE | |
Loan Income | 600,125 |
Investment Income | 159,159 |
Other Income | 287,874 |
Total Employee Compensation & Benefits | 430,119 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 585,636 |
Non-operating Income & (Expense) | 192,000 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 154,134 |
Cost of Funds | 19,556 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 50,460 |
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