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ASHLAND COMMUNITY FEDERAL CREDIT UNION

Sep, 30, 2025 — ASHLAND COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in ASHLAND, OH with 1 branch location and about $23.08 million in total assets. Opened 75 years ago in 1951, ASHLAND COMMUNITY FEDERAL CREDIT UNION has about 2,667 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ASHLAND COMMUNITY FEDERAL CREDIT UNION
Address:
(Main Office)
1123 Sugarbush Dr
ASHLAND, OH 44805
Phone:(419) 289-6211
Fax:(419) 289-1815
Website:https://www.ashlandfcu.org
Branches:1 branch locations
Members:2,667
Credit Union Type:Federal Credit Union
Charter Number:7072
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1951
Last Audited:Jun 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$23,079,140
CEO/Manager:Christian Dabney
Chairperson:Brandon Clark

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,257,606
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 31,123
 Unsecured Loans 260,527
 Other Loans 15,751,854
 TOTAL LOANS 16,043,505
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -199,645
 Land And Building 482,773
 Other Fixed Assets 22,763
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 189,431
 All Other Assets 0
  TOTAL ASSETS 23,079,140
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 117,253
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 7,415,143
 Regular shares 9,563,119
 All Other Shares & Deposits 3,406,266
  TOTAL SHARES & DEPOSITS 20,384,528
  TOTAL LIABILITIES 20,501,781
 Regular Reserve 0
 Other Reserves 271,740
 Undivided Earnings 2,305,619
  TOTAL EQUITY 2,577,359
  TOTAL LIABILITIES, SHARES, & EQUITY 23,079,140
INCOME & EXPENSE  
 Loan Income 743,802
 Investment Income 152,617
 Other Income 135,601
 Total Employee Compensation & Benefits 246,449
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 249,544
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 99,540
 Cost of Funds 62,801
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 421,919
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