Jun, 30, 2024 — BUCKEYE STATE CREDIT UNION is a non-federally insured state credit union headquartered in AKRON, OH with 7 branch locations and about $116.56 million in total assets. Opened 2025 years ago in 0, BUCKEYE STATE CREDIT UNION has about 17,443 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 |
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Address: (Main Office) | 520 S Main St AKRON, OH 44311 |
Phone: | (330) 253-9197 |
Fax: | (330) 253-9018 |
Website: | https://www.buckeyecu.org |
Branches: | 7 branch locations |
Members: | 17,443 |
Credit Union Type: | Non-Federally Insured State Credit Union |
Charter Number: | 96672 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 0 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $116,560,709 |
CEO/Manager: | Michael Abernathy |
Chairperson: | J David Nero |
ASSETS: | $ Amount |
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Cash & Equivalents | -36,688 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 43,619,393 |
Unsecured Loans | 11,149,546 |
Other Loans | 32,899,041 |
TOTAL LOANS | 87,667,980 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,184,477 |
Land And Building | 3,571,833 |
Other Fixed Assets | 555,155 |
NCUSIF Deposit | 0 |
All Other Assets | 0 |
TOTAL ASSETS | 116,560,709 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 8 |
Notes & Interest Payable | 2,437,000 |
Accounts Payable & Other Liabilities | 2,246,537 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 21,027,523 |
Regular shares | 77,746,962 |
All Other Shares & Deposits | 1,203,775 |
TOTAL SHARES & DEPOSITS | 99,978,260 |
TOTAL LIABILITIES | 104,661,805 |
Regular Reserve | 0 |
Other Reserves | 4,927,865 |
Undivided Earnings | 6,971,039 |
TOTAL EQUITY | 11,898,904 |
TOTAL LIABILITIES, SHARES, & EQUITY | 116,560,709 |
INCOME & EXPENSE | |
Loan Income | 3,814,156 |
Investment Income | 176,559 |
Other Income | 1,852,089 |
Total Employee Compensation & Benefits | 3,169,633 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,568,253 |
Non-operating Income & (Expense) | 899,306 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,059,708 |
Cost of Funds | 22,105 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 486,151 |
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