Program areas at 196 Middletown Area Schools Credit Union
The credit union services their 1,016 members by providing deposit services including share and club accounts, share draft accounts and share certificates. The members have access to home banking, debit cards, credit cards and ATMs.
The credit union paid dividends on the 653 share accounts and share certificate accounts held by the credit union's 1,016 members. Shares increased 2.36% in 2024.
Loan products offered by the credit union includes new and used vehicle loans, recreational vehicle loans and share secured loans, unsecured loans and credit cards, The credit union granted 216 loans in 2024 totaling $2,559,319 at competitive rates. Loans increased 6.56% in 2024.
Financials for 196 Middletown Area Schools Credit Union
| Revenues | FYE 12/2024 | FYE 12/2023 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $468,958 | $407,074 | 15.2% |
| Investment income and dividends | $192,097 | $181,667 | 5.7% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $63,730 | -100% |
| Total revenues | $661,055 | $652,471 | 1.3% |
Organizations like 196 Middletown Area Schools Credit Union
| Organization | Type | Location | Revenue |
|---|
| Christian Family Credit Union | 501(c)(14) | Milford, OH | $3,285,283 |
| Cleveland Police Credit Union | 501(c)(14) | Cleveland, OH | $2,170,003 |
| Scott Associates Credit Union | 501(c)(14) | Marysville, OH | $698,121 |
| New Horizons Credit Union | 501(c)(14) | Cincinnati, OH | $2,195,839 |
| Akron Fire Police Credit Union | 501(c)(14) | Akron, OH | $1,311,591 |
| GROhio Community Credit Union | 501(c)(14) | Mansfield, OH | $1,013,532 |
| 0859 Atrium Credit Union | 501(c)(14) | Franklin, OH | $573,306 |
| 32 Educational Community Alliance Credit Union | 501(c)(14) | Toledo, OH | $2,865,123 |
| 1376 Maumee Valley Credit Union | 501(c)(14) | Toledo, OH | $1,039,663 |
| 1246 Genesis Employees Credit Union | 501(c)(14) | Zanesville, OH | $1,170,900 |
Data update history
May 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 17, 2021
Posted financials
Added Form 990 for fiscal year 2020
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
- Address
- 1730 Central Ave
- Middletown, OH 45044
- Metro area
- Cincinnati, OH-KY-IN
- County
- Butler County, OH
- Website URL
- mascu.com/
- Phone
- (513) 422-2392
IRS details
- EIN
- 31-0622053
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1937
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- W60: Financial Institutions, Credit Unions
- NAICS code, primary
- 522130: Credit Unions
- Parent/child status
- Child within group exemption
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