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OHIO CATHOLIC FEDERAL CREDIT UNION

Sep, 30, 2025 — OHIO CATHOLIC FEDERAL CREDIT UNION is a federal credit union headquartered in GARFIELD HTS, OH with 5 branch locations and about $299.51 million in total assets. Opened 72 years ago in 1954, OHIO CATHOLIC FEDERAL CREDIT UNION has about 13,849 members and employs 61 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 241078875
Name:OHIO CATHOLIC FEDERAL CREDIT UNION
Address:
(Main Office)
13623 Rockside Rd
GARFIELD HTS, OH 44125-5173
Phone:(216) 663-6800
Fax:(216) 663-8610
Website:https://www.ocfederal.com
Branches:5 branch locations
Members:13,849
Credit Union Type:Federal Credit Union
Charter Number:9208
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1954
Last Audited:Dec 01, 2024
FHLB Member:Yes
Low Income Designation:No
Assets:$299,513,927
CEO/Manager:Todd Turner
Chairperson:Joe Shaft

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 26,937,340
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 134,782,364
 Unsecured Loans 7,623,073
 Other Loans 63,754,231
 TOTAL LOANS 206,159,668
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,163,587
 Land And Building 3,170,372
 Other Fixed Assets 472,400
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 2,140,581
 All Other Assets 0
  TOTAL ASSETS 299,513,927
LIABILITIES & CAPITAL:  
 Dividends Payable 3,838
 Notes & Interest Payable 20,000,000
 Accounts Payable & Other Liabilities 1,459,996
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 40,448,839
 Regular shares 46,151,869
 All Other Shares & Deposits 152,642,465
  TOTAL SHARES & DEPOSITS 239,243,173
  TOTAL LIABILITIES 260,707,007
 Regular Reserve 0
 Other Reserves -236,834
 Undivided Earnings 39,043,754
  TOTAL EQUITY 38,806,920
  TOTAL LIABILITIES, SHARES, & EQUITY 299,513,927
INCOME & EXPENSE  
 Loan Income 9,171,253
 Investment Income 2,231,635
 Other Income 556,450
 Total Employee Compensation & Benefits 3,982,602
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 2,785,399
 Non-operating Income & (Expense) -36,425
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 337,500
 Cost of Funds 3,888,056
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,873,893
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