Program areas at OHecu
The Credit Union provides its members with consumer loan products which include vehicle, signature, Credit card, and private student loans, in addition to indirect vehicle leases. The Credit Union also offers real estate loans to its members, including first mortgage and home equity lines of Credit.
The Credit Union provides term savings products to its members, which includes ira and share certificates. Certificate terms range from three months to five years.
The Credit Union provides members with transaction share account services, which includes share draft checking, share savings and money market share accounts. Transaction share account products enable members to conduct their day to day financial needs with convenient services of cash, direct deposit, checks, atms, debit cards, ach, audio response, mobile and online banking with bill payment.
Personnel at OHecu
| Name | Title | Compensation | Date of data |
|---|
| Jerome R Valco | Chief Executive Officer | $134,791 | 2022-12-31 |
| Michael R King | Chief Operating Officer | $43,315 | 2021-12-31 |
| Sarah Jankovic | Chief Financial Officer | $94,108 | 2023-09-20 |
| Anthony Toy | Chief Retail Services Officer | $118,909 | 2022-12-31 |
| Arthur D Boehm | Past Chief Financial Officer | $142,727 | 2019-12-31 |
| ...and 1 more key personnel |
Financials for OHecu
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $7,243,880 | $6,601,701 | 9.7% |
| Investment income and dividends | $1,040,241 | $625,794 | 66.2% |
| 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 | $8,284,121 | $7,227,495 | 14.6% |
Organizations like OHecu
| Organization | Type | Location | Revenue |
|---|
| Credit Union of Ohio | 501(c)(14) | Hilliard, OH | $9,292,003 |
| Friends and Family Credit Union | 501(c)(14) | Massillon, OH | $5,349,694 |
| Firefighters Community Credit Union (FCCU) | 501(c)(14) | Cleveland, OH | $17,544,871 |
| Ih Credit Union (IHCU) | 501(c)(14) | Springfield, OH | $15,793,774 |
| Community Star Credit Union | 501(c)(14) | Elyria, OH | $5,385,631 |
| 32 Educational Community Alliance Credit Union | 501(c)(14) | Toledo, OH | $2,865,123 |
| Community First Credit Union | 501(c)(14) | Ashtabula, OH | $3,451,816 |
| 944 Pillar Credit Union | 501(c)(14) | Marion, OH | $5,530,548 |
| 110 Aurgroup Financial Credit Union | 501(c)(14) | Fairfield, OH | $9,792,574 |
| 718 Atomic Credit Union | 501(c)(14) | Piketon, OH | $35,641,688 |
Data update history
November 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 27, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2020
May 21, 2023
Used new vendors
Identified 1 new vendor, including
October 3, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local levelCommunity engagement / volunteering
General information
- Address
- 4141 Rockside Rd Suite 400
- Seven Hills, OH 44131
- Metro area
- Cleveland-Elyria, OH
- County
- Cuyahoga County, OH
- Website URL
- ohecu.com/Â
- Phone
- (216) 621-6296
IRS details
- EIN
- 34-0153020
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1933
- 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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