Program areas at Edison Credit Union
The credit union serviced their 716 members by providing deposit services including share and club accounts, share draft accounts, share certificates and IRA accounts. The members have access to home banking, debit cards, credit cards and ATMs. The credit union's net worth increased from 11.70% in 2018 to 12.54% in 2019.
The credit union paid competitive dividends on 855 share accounts, share certificate accounts and IRA accounts held by the credit union's 716 members.
Loan products offered by the credit union include new and used vehicle loans, recreational vehicle loans, share secured loans, unsecured loans and credit cards. Loans increased 1.05% in 2019. The credit union granted 106 loans in 2019 totaling $1,095,575 at competitive loan rates.
Personnel at Edison Credit Union
| Name | Title | Compensation | Date of data |
|---|
| Herb Bushu | Board President | $0 | 2021-06-07 |
| Benjamin Miller | Board Vice President | $0 | 2019-12-31 |
| Constance Wilcox | Board Secretary | $0 | 2019-12-31 |
| Tim Suter | Board Treasurer | $0 | 2019-12-31 |
| Herbert Bushu | President | | 2019-06-14 |
Financials for Edison Credit Union
| Revenues | FYE 12/2019 | FYE 12/2018 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $227,169 | $230,699 | -1.5% |
| Investment income and dividends | $27,203 | $23,547 | 15.5% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $254,372 | $254,246 | 0% |
Organizations like Edison Credit Union
| Organization | Type | Location | Revenue |
|---|
| GROhio Community Credit Union | 501(c)(14) | Mansfield, OH | $804,942 |
| Youngstown City Schools Credit Union | 501(c)(14) | Youngstown, OH | $202,121 |
| 471 Antioch Credit Union | 501(c)(14) | Cleveland, OH | $75,856 |
| Canton Police and Fireman's C U | 501(c)(14) | Canton, OH | $410,132 |
| 635 Members Choice Credit Union | 501(c)(14) | Greenville, OH | $893,333 |
| 382 Akron Municipal Employees Credit Union | 501(c)(14) | Akron, OH | $188,676 |
| Cleveland HTS Teachers Credit Union | 501(c)(14) | Cleveland, OH | $183,882 |
| 1158 Scott Associates Credit Union | 501(c)(14) | Marysville, OH | $536,505 |
| Central Ohio Community Credit Union - 1286 | 501(c)(14) | Columbus, OH | $121,440 |
| Lorain School Employees Credit Union | 501(c)(14) | Lorain, OH | $516,708 |
Data update history
October 2, 2021
Posted financials
Added Form 990 for fiscal year 2019
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
March 6, 2020
Used new vendors
Identified 2 new vendors, including , and
June 28, 2019
Updated personnel
Identified 8 new personnel
September 15, 2018
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
- Address
- 420 S York St
- Springfield, OH 45505
- Metro area
- Springfield, OH
- County
- Clark County, OH
- Website URL
- edisoncu.net/
- Phone
- (937) 325-3582
IRS details
- EIN
- 31-0707082
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1964
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- W60: Financial Institutions, Credit Unions
- NAICS code, primary
- 522130: Credit Unions
- Parent/child status
- Child within group exemption
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