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BUCKEYE STATE CREDIT UNION

Mar, 31, 2022 — BUCKEYE STATE CREDIT UNION is a non-federally insured state credit union headquartered in AKRON, OH with 6 branch locations and about $110.20 million in total assets. Opened 2022 years ago in 0, BUCKEYE STATE CREDIT UNION has about 16,619 members and employs 76 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:http://www.buckeyecu.org
Branches:6 branch locations
Members:16,619
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:$110,200,935
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 3,175,064
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 37,559,168
 Unsecured Loans 8,699,027
 Other Loans 28,581,389
 TOTAL LOANS 74,839,584
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,081,794
 Land And Building 3,612,617
 Other Fixed Assets 575,101
 NCUSIF Deposit 0
 All Other Assets 0
  TOTAL ASSETS 110,200,935
LIABILITIES & CAPITAL:  
 Dividends Payable 7
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,719,966
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 21,204,408
 Regular shares 73,743,746
 All Other Shares & Deposits 1,344,056
  TOTAL SHARES & DEPOSITS 96,292,210
  TOTAL LIABILITIES 99,012,183
 Regular Reserve 0
 Other Reserves 4,622,751
 Undivided Earnings 6,566,001
  TOTAL EQUITY 11,188,752
  TOTAL LIABILITIES, SHARES, & EQUITY 110,200,935
INCOME & EXPENSE  
 Loan Income 1,173,172
 Investment Income 45,219
 Other Income 575,703
 Total Employee Compensation & Benefits 989,785
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 803,112
 Non-operating Income & (Expense) 299,769
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 347,814
 Cost of Funds 2,705
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 81,113
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