OHIO'S FIRST CLASS CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.ofccu.com for more information.
Sep, 30, 2025 — OHIO'S FIRST CLASS CREDIT UNION is a non-federally insured state credit union headquartered in Cleveland, OH with 2 branch locations and about $56.44 million in total assets. Opened 2026 years ago in 0, OHIO'S FIRST CLASS CREDIT UNION has about 9,909 members and employs 17 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | OHIO'S FIRST CLASS CREDIT UNION |
|---|---|
| Address: (Main Office) | P.O. Box 5877 Cleveland, OH 44101-0877 |
| Phone: | (216) 241-1088 |
| Fax: | (216) 241-3213 |
| Website: | https://www.ofccu.com |
| Branches: | 2 branch locations |
| Members: | 9,909 |
| Credit Union Type: | Non-Federally Insured State Credit Union |
| Charter Number: | 96682 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 0 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $56,442,223 |
| CEO/Manager: | Jeffrey J Spada |
| Chairperson: | Daniel Rupp |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,608,888 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 425,022 |
| Unsecured Loans | 6,176,543 |
| Other Loans | 20,947,535 |
| TOTAL LOANS | 27,549,100 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -276,197 |
| Land And Building | 736,487 |
| Other Fixed Assets | 119,857 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 0 |
| All Other Assets | 0 |
| TOTAL ASSETS | 56,442,223 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 6,489 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 376,827 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,334,069 |
| Regular shares | 37,845,873 |
| All Other Shares & Deposits | 3,941,074 |
| TOTAL SHARES & DEPOSITS | 50,121,016 |
| TOTAL LIABILITIES | 50,504,332 |
| Regular Reserve | 0 |
| Other Reserves | -228,192 |
| Undivided Earnings | 6,166,083 |
| TOTAL EQUITY | 5,937,891 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 56,442,223 |
| INCOME & EXPENSE | |
| Loan Income | 1,151,811 |
| Investment Income | 237,888 |
| Other Income | 539,835 |
| Total Employee Compensation & Benefits | 801,832 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,488,880 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 158,000 |
| Cost of Funds | 75,899 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -193,783 |
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