Sep, 30, 2025 — BSE CREDIT UNION is a non-federally insured state credit union headquartered in CLEVELAND, OH with 2 branch locations and about $17.43 million in total assets. Opened 71 years ago in 1955, BSE CREDIT UNION has about 2,299 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BSE CREDIT UNION |
|---|---|
| Address: (Main Office) | 19249 Bagley Rd CLEVELAND, OH 44130-3315 |
| Phone: | (440) 243-9180 |
| Fax: | (440) 243-5638 |
| Website: | https://www.bsecu.org |
| Branches: | 2 branch locations |
| Members: | 2,299 |
| Credit Union Type: | Non-Federally Insured State Credit Union |
| Charter Number: | 97078 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $17,429,472 |
| CEO/Manager: | Diana L Larsen |
| Chairperson: | Tim Gerding |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 297,903 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,575,537 |
| Unsecured Loans | 1,170,968 |
| Other Loans | 2,531,857 |
| TOTAL LOANS | 5,278,362 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -34,629 |
| Land And Building | 168,303 |
| Other Fixed Assets | 13,996 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 0 |
| All Other Assets | 0 |
| TOTAL ASSETS | 17,429,472 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 6,202 |
| Notes & Interest Payable | 150,000 |
| Accounts Payable & Other Liabilities | 149,534 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,735,529 |
| Regular shares | 10,239,963 |
| All Other Shares & Deposits | 2,469,024 |
| TOTAL SHARES & DEPOSITS | 15,444,516 |
| TOTAL LIABILITIES | 15,750,252 |
| Regular Reserve | 0 |
| Other Reserves | 461,257 |
| Undivided Earnings | 1,217,963 |
| TOTAL EQUITY | 1,679,220 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 17,429,472 |
| INCOME & EXPENSE | |
| Loan Income | 277,563 |
| Investment Income | 222,559 |
| Other Income | 40,917 |
| Total Employee Compensation & Benefits | 281,729 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 244,628 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,000 |
| Cost of Funds | 18,963 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 40,222 |
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