Jun, 30, 2024 — FALLS CATHOLIC CREDIT UNION is a non-federally insured state credit union headquartered in CUYAHOGA FALLS, OH with 1 branch location and about $55.77 million in total assets. Opened 2025 years ago in 0, FALLS CATHOLIC CREDIT UNION has about 4,735 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FALLS CATHOLIC CREDIT UNION |
|---|---|
| Address: (Main Office) | 33 Graham Rd CUYAHOGA FALLS, OH 44223 |
| Phone: | (330) 929-7341 |
| Fax: | (330) 929-9342 |
| Website: | https://fallsccu.org |
| Branches: | 1 branch locations |
| Members: | 4,735 |
| Credit Union Type: | Non-Federally Insured State Credit Union |
| Charter Number: | 96707 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 0 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $55,770,780 |
| CEO/Manager: | MATTHEW A MECURIO |
| Chairperson: | MICHAEL BURNS |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 12,345,920 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 12,243,119 |
| Unsecured Loans | 3,278,653 |
| Other Loans | 14,645,502 |
| TOTAL LOANS | 30,167,274 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -283,638 |
| Land And Building | 847,158 |
| Other Fixed Assets | 16,270 |
| NCUSIF Deposit | 0 |
| All Other Assets | 0 |
| TOTAL ASSETS | 55,770,780 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 51,953 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 349,562 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,856,813 |
| Regular shares | 20,613,613 |
| All Other Shares & Deposits | 17,926,055 |
| TOTAL SHARES & DEPOSITS | 47,396,481 |
| TOTAL LIABILITIES | 47,797,996 |
| Regular Reserve | 0 |
| Other Reserves | 1,879,075 |
| Undivided Earnings | 6,093,709 |
| TOTAL EQUITY | 7,972,784 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 55,770,780 |
| INCOME & EXPENSE | |
| Loan Income | 977,379 |
| Investment Income | 182,690 |
| Other Income | 240,016 |
| Total Employee Compensation & Benefits | 525,344 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 612,477 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 55,122 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 236,358 |
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