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BUCKEYE STATE CREDIT UNION

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
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
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

Call Report

  • First Time Homebuyer Program

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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