Sep, 30, 2025 — MIDWEST COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in DEFIANCE, OH with 3 branch locations and about $247.98 million in total assets. Opened 72 years ago in 1954, MIDWEST COMMUNITY FEDERAL CREDIT UNION has about 14,145 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.
| Name: | MIDWEST COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 8770 N State Route 66 DEFIANCE, OH 43512-8254 |
| Phone: | (419) 783-6500 |
| Fax: | (419) 783-6550 |
| Website: | https://www.midwestcommunity.org |
| Branches: | 3 branch locations |
| Members: | 14,145 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9522 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $247,981,726 |
| CEO/Manager: | Josh Koenig |
| Chairperson: | Robert Florence |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 11,658,489 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 105,634,991 |
| Unsecured Loans | 12,585,534 |
| Other Loans | 59,576,127 |
| TOTAL LOANS | 178,013,796 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,707,934 |
| Land And Building | 5,662,051 |
| Other Fixed Assets | 554,066 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,207,301 |
| All Other Assets | 0 |
| TOTAL ASSETS | 247,981,726 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 50,442 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 644,036 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 39,415,669 |
| Regular shares | 70,057,648 |
| All Other Shares & Deposits | 119,634,854 |
| TOTAL SHARES & DEPOSITS | 229,108,171 |
| TOTAL LIABILITIES | 229,802,649 |
| Regular Reserve | 0 |
| Other Reserves | -1,659,571 |
| Undivided Earnings | 19,838,648 |
| TOTAL EQUITY | 18,179,077 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 247,981,726 |
| INCOME & EXPENSE | |
| Loan Income | 7,994,926 |
| Investment Income | 1,198,945 |
| Other Income | 1,208,226 |
| Total Employee Compensation & Benefits | 4,049,868 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,643,578 |
| Non-operating Income & (Expense) | -227 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 292,500 |
| Cost of Funds | 2,296,263 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,345,861 |
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