FIRSTENERGY FAMILY Credit Union Profile

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FIRSTENERGY FAMILY

Charter #61620 | NCUA Region 2 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (330) 535-3611

Fax: (330) 535-3611

Founding Date: N/A

Website: http://www.fefcu.com

Personnel & Operations

President: Shonk, William

Manager: Baker, Timothy

FT Employees: 4

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 2

Hours: Monday thru Friday 8:30 am to 1:30 pm & 2:

Credit Union Profile Summary

FIRSTENERGY FAMILY is a FISCU Credit Union. With a total of 4,334 members [1], this institution manages approximately $44,355,601 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 16.06% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -7.21% [1].

Financial Snapshot

Total Assets [1]
$44,355,601

Total economic resources.

Total Loans [1]
$27,013,450

Total value of outstanding loans.

Total Deposits [1]
$37,193,460

Total funds deposited by members.

Members [1]
4,334

Number of active members.

Performance Ratios

Net Worth Ratio [1]
16.06%

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]
2.04%

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

Loan-to-Share Ratio [1]
72.63%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
2.48%

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

Loan Growth (4Q) [1]
-7.21%

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

Member Growth (4Q) [1]
-1.19%

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

Headquarters Location & Map

Headquarters Address

575 White Pond Dr Ste E

Akron, OH, 44320-1184

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 2 branches reported by FIRSTENERGY FAMILY (Charter #61620).

Main Office

Main Office Main Office

Type: Corporate Office

575 White Pond Dr Ste E

Akron, OH 44320-1184

Phone: (330) 535-3611

Services: None specified

Open in Directions

Additional Branches

Canton

Vital Records Center

Type: Branch Office

4726 Hills And Dales Rd NW

Canton, OH 44708

Phone: (330) 479-7163

Services: None specified

Open in Directions