HOLY FAMILY PARMA Credit Union Profile

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HOLY FAMILY PARMA

Charter #8944 | NCUA Region 2 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (440) 842-1620

Fax: (440) 842-8586

Founding Date: N/A

Website: http://www.holyfamilycreditunion.co

Personnel & Operations

President: Ottogalli, James

Manager: Welling, Raymond

FT Employees: 0

PT Employees: 13

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 01

Branches: 1

Hours: Monday 6:30 to 9:00 p.m. Wednesday 1:00 to

Credit Union Profile Summary

HOLY FAMILY PARMA is a FCU Credit Union. With a total of 1,072 members [1], this institution manages approximately $17,115,756 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 19.08% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -18.05% [1].

Financial Snapshot

Total Assets [1]
$17,115,756

Total economic resources.

Total Loans [1]
$3,023,287

Total value of outstanding loans.

Total Deposits [1]
$13,855,185

Total funds deposited by members.

Members [1]
1,072

Number of active members.

Performance Ratios

Net Worth Ratio [1]
19.08%

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]
0.39%

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

Loan-to-Share Ratio [1]
21.82%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -2.74%

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

Loan Growth (4Q) [1]
↓ -18.05%

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

Member Growth (4Q) [1]
↓ -14.24%

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

Headquarters Location & Map

Headquarters Address

7367 York Rd

Parma, OH, 44130-5162
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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 HOLY FAMILY PARMA (Charter #8944).

Main Office

Holy Family Parma Federal Credit Union Main Office

Type: Corporate Office

7367 York Rd

Parma, OH 44130-5162

Phone: (440) 842-1620

Services: Member Services, Drive-Thru

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Additional Branches

Parma

St Columkille

Type: Branch Office

6740 Broadview Rd

Parma, OH 44134

Phone: (216) 524-0414

Services: None specified

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