FASSON EMPLOYEES Credit Union Profile

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FASSON EMPLOYEES

Charter #13115 | NCUA Region 2 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (440) 358-2100

Fax: (440) 358-2102

Founding Date: N/A

Website: http://www.fassoncreditunion.com

Personnel & Operations

President: Deluca, Randell

Manager: Hall, Robin

FT Employees: 3

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 15

Branches: 1

Hours: M-F 8:00AM-3:00PM

Credit Union Profile Summary

FASSON EMPLOYEES is a FCU Credit Union. With a total of 1,324 members [1], this institution manages approximately $13,611,940 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 20.4% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -3.62% [1].

Financial Snapshot

Total Assets [1]
$13,611,940

Total economic resources.

Total Loans [1]
$5,641,347

Total value of outstanding loans.

Total Deposits [1]
$10,771,167

Total funds deposited by members.

Members [1]
1,324

Number of active members.

Performance Ratios

Net Worth Ratio [1]
20.4%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.02%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
52.37%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
0.96%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-3.62%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-1.34%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

250 CHESTER ST # 1-E

PAINESVILLE, OH, 44077-4118

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by FASSON EMPLOYEES (Charter #13115).

Main Office

Main Main Office

Type: Corporate Office

250 Chester St # 1-E

Painesville, OH 44077-4118

Phone: (440) 358-2100

Services: Member Services

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