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PSE CREDIT UNION, INC

Sep, 30, 2025 — PSE CREDIT UNION, INC is a non-federally insured state credit union headquartered in PARMA, OH with 6 branch locations and about $337.56 million in total assets. Opened 2026 years ago in 0, PSE CREDIT UNION, INC has about 25,854 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:PSE CREDIT UNION, INC
Address:
(Main Office)
5255 Regency Dr
PARMA, OH 44129-5453
Phone:(440) 843-8300
Fax:(440) 843-7741
Website:https://www.psecreditunion.org
Branches:6 branch locations
Members:25,854
Credit Union Type:Non-Federally Insured State Credit Union
Charter Number:96768
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:0
Last Audited:Sep 01, 2025
FHLB Member:Yes
Low Income Designation:No
Assets:$337,556,546
CEO/Manager:Joseph C Anderson
Chairperson:Steele Nowlin

Call Report

  • Credit Builder
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 33,281,892
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 87,127,757
 Unsecured Loans 12,224,377
 Other Loans 107,129,058
 TOTAL LOANS 206,481,192
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,312,589
 Land And Building 3,878,625
 Other Fixed Assets 1,195,041
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 0
 All Other Assets 0
  TOTAL ASSETS 337,556,546
LIABILITIES & CAPITAL:  
 Dividends Payable 604,462
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,865,250
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 40,500,644
 Regular shares 110,393,229
 All Other Shares & Deposits 149,087,325
  TOTAL SHARES & DEPOSITS 299,981,198
  TOTAL LIABILITIES 303,450,910
 Regular Reserve 0
 Other Reserves 7,671,674
 Undivided Earnings 26,433,962
  TOTAL EQUITY 34,105,636
  TOTAL LIABILITIES, SHARES, & EQUITY 337,556,546
INCOME & EXPENSE  
 Loan Income 9,853,926
 Investment Income 3,167,991
 Other Income 2,542,246
 Total Employee Compensation & Benefits 3,273,590
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 4,250,127
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,273,379
 Cost of Funds 3,629,158
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,137,909
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