WES Credit Union Profile

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WES

Charter #61233 | NCUA Region 2 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (440) 942-6981

Fax: (440) 918-9681

Founding Date: N/A

Website: http://www.wescreditunion.com

Personnel & Operations

President: Augusta, Michelle

Manager: Simone, Steven

FT Employees: 3

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 2

Hours: Monday - Friday 9:00 - 4:00

Credit Union Profile Summary

WES is a FISCU Credit Union. With a total of 1,555 members [1], this institution manages approximately $13,783,305 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 9.64% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -12.57% [1].

Financial Snapshot

Total Assets [1]
$13,783,305

Total economic resources.

Total Loans [1]
$3,412,691

Total value of outstanding loans.

Total Deposits [1]
$12,464,787

Total funds deposited by members.

Members [1]
1,555

Number of active members.

Performance Ratios

Net Worth Ratio [1]
9.64%

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]
0.77%

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

Loan-to-Share Ratio [1]
27.38%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
4.06%

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

Loan Growth (4Q) [1]
-12.57%

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

Member Growth (4Q) [1]
-4.37%

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

Headquarters Location & Map

Headquarters Address

38024 2nd St

Willoughby, OH, 44094-6105

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 1 branches reported by WES (Charter #61233).

Main Office

Main Office Main Office

Type: Corporate Office

38024 2nd St

Willoughby, OH 44094-6105

Phone: (440) 942-6981

Services: Member Services

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