Dec, 31, 2023 — BUCKEYE STATE CREDIT UNION is a non-federally insured state credit union headquartered in AKRON, OH with 6 branch locations and about $142.23 million in total assets. Opened 2024 years ago in 0, BUCKEYE STATE CREDIT UNION has about 19,872 members and employs 70 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BUCKEYE STATE CREDIT UNION |
|---|---|
| Address: (Main Office) | 195 S Main St AKRON, OH 44308-1314 |
| Phone: | (330) 253-9197 |
| Fax: | |
| Website: | https://www.buckeyecu.org |
| Branches: | 6 branch locations |
| Members: | 19,872 |
| Credit Union Type: | Non-Federally Insured State Credit Union |
| Charter Number: | 96672 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 0 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $142,228,601 |
| CEO/Manager: | Michael Abernathy |
| Chairperson: | J David Nero |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,035,159 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 48,188,952 |
| Unsecured Loans | 11,003,517 |
| Other Loans | 38,224,099 |
| TOTAL LOANS | 97,416,568 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,359,875 |
| Land And Building | 6,248,520 |
| Other Fixed Assets | 658,649 |
| NCUSIF Deposit | 0 |
| All Other Assets | 0 |
| TOTAL ASSETS | 142,228,601 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 7,136 |
| Notes & Interest Payable | 4,500,000 |
| Accounts Payable & Other Liabilities | 3,715,245 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 24,093,314 |
| Regular shares | 69,502,183 |
| All Other Shares & Deposits | 26,569,939 |
| TOTAL SHARES & DEPOSITS | 120,165,436 |
| TOTAL LIABILITIES | 128,387,817 |
| Regular Reserve | 0 |
| Other Reserves | 7,306,728 |
| Undivided Earnings | 6,534,056 |
| TOTAL EQUITY | 13,840,784 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 142,228,601 |
| INCOME & EXPENSE | |
| Loan Income | 6,658,152 |
| Investment Income | 727,096 |
| Other Income | 2,706,305 |
| Total Employee Compensation & Benefits | 4,376,534 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,946,438 |
| Non-operating Income & (Expense) | 1,218,993 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,846,297 |
| Cost of Funds | 473,287 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,160,994 |
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