Credit Unions Near Me
National Credit Union Service Organization

IMPACT CREDIT UNION, INC.

Dec, 31, 2023 — IMPACT CREDIT UNION, INC. is a federally insured state chartered credit union headquartered in CLYDE, OH with 5 branch locations and about $177.64 million in total assets. Opened 30 years ago in 1994, IMPACT CREDIT UNION, INC. has about 14,718 members and employs 54 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 241276910
Name:IMPACT CREDIT UNION, INC.
Address:
(Main Office)
1455 W McPherson Hwy
CLYDE, OH 43410
Phone:(419) 547-7781
Fax:(419) 547-6669
Website:https://www.impactcu.org
Branches:5 branch locations
Members:14,718
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68150
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1994
Last Audited:Dec 01, 2023
FHLB Member:Yes
Low Income Designation:No
Assets:$177,641,797
CEO/Manager:Scott Hicks
Chairperson:Michael Halbeisen

Call Report

  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 9,046,695
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 47,890,819
 Unsecured Loans 7,157,165
 Other Loans 65,937,426
 TOTAL LOANS 120,985,410
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -903,391
 Land And Building 4,494,561
 Other Fixed Assets 352,858
 NCUSIF Deposit 1,607,411
 All Other Assets 0
  TOTAL ASSETS 177,641,797
LIABILITIES & CAPITAL:  
 Dividends Payable 80,549
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,282,571
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 36,834,873
 Regular shares 58,962,895
 All Other Shares & Deposits 65,552,827
  TOTAL SHARES & DEPOSITS 161,350,596
  TOTAL LIABILITIES 162,713,716
 Regular Reserve 0
 Other Reserves -1,120,753
 Undivided Earnings 16,048,834
  TOTAL EQUITY 14,928,081
  TOTAL LIABILITIES, SHARES, & EQUITY 177,641,797
INCOME & EXPENSE  
 Loan Income 6,367,723
 Investment Income 785,696
 Other Income 947,975
 Total Employee Compensation & Benefits 3,761,058
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,975,792
 Non-operating Income & (Expense) 81,447
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 209,105
 Cost of Funds 1,243,277
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 613,931
↑ Back to Top

Other Credit Unions

NUEVA ESPERANZA COMMUNITY CREDIT UNION
1638 Broadway St
TOLEDO, OH 43609-3240
ERIE COMMUNITY FEDERAL CREDIT UNION
1109 E Strub Rd
SANDUSKY, OH 44870
MATERION FEDERAL CREDIT UNION
14710 W Portage River South Rd
ELMORE, OH 43416
CAREY POVERELLO FEDERAL CREDIT UNION
201 N Vance St
CAREY, OH 43316-1038
EIGHT FEDERAL CREDIT UNION
727 Lime City Rd
ROSSFORD, OH 43460
LOCAL 50 PLUMBERS & STEAMFTRS FEDERAL CREDIT UNION
7570 CAPLE BLVD STE C
NORTHWOOD, OH 43619-1084
YOUR LEGACY FEDERAL CREDIT UNION
25 Shaffer Park Dr
TIFFIN, OH 44883-9290
COMMODORE PERRY FEDERAL CREDIT UNION
1016 S STATE ROUTE 19
OAK HARBOR, OH 43449
BAY AREA CREDIT UNION
4202 Navarre Ave
OREGON, OH 43616-3562
TOLEDO METRO FEDERAL CREDIT UNION
1212 Adams St
TOLEDO, OH 43604