SOLON/CHAGRIN FALLS Credit Union Profile

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SOLON/CHAGRIN FALLS

Charter #15451 | NCUA Region 2 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (440) 349-6257

Fax: (440) 349-7297

Founding Date: N/A

Website: http://www.soloncu.com

Personnel & Operations

President: Ockunzzi, Cheryl

Manager: Miller, Kirk

FT Employees: 1

PT Employees: 4

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 04

Branches: 1

Hours: 12:30P - 4:30P M, T, TH, F

Credit Union Profile Summary

SOLON/CHAGRIN FALLS is a FCU Credit Union. With a total of 658 members [1], this institution manages approximately $9,760,846 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 18.7% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -14.37% [1].

Financial Snapshot

Total Assets [1]
$9,760,846

Total economic resources.

Total Loans [1]
$3,197,471

Total value of outstanding loans.

Total Deposits [1]
$7,862,473

Total funds deposited by members.

Members [1]
658

Number of active members.

Performance Ratios

Net Worth Ratio [1]
18.7%

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]
0.89%

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

Loan-to-Share Ratio [1]
40.67%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
-0.85%

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

Loan Growth (4Q) [1]
-14.37%

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

Member Growth (4Q) [1]
-6.13%

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

Headquarters Location & Map

Headquarters Address

33600 INWOOD DR

SOLON, OH, 44139-4132

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 SOLON/CHAGRIN FALLS (Charter #15451).

Main Office

Main Office Main Office

Type: Corporate Office

33600 Inwood Dr

Solon, OH 44139-4132

Phone: (440) 349-6257

Services: Member Services

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