EIN 31-0622053

196 Middletown Area Schools Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
5
State
Year formed
1937
Most recent tax filings
2024-12-01
Description
196 Middletown Area Schools Credit Union services their 989 members by offering deposit services and loan products such as new and used vehicle loans, recreational vehicle loans, share secured loans, unsecured loans and credit cards at competitive rates. In 2022, the credit union granted 229 loans totaling $2,075,367. Members have access to home banking, debit cards, credit cards and ATMs. The mission of the member-owned Middletown Area Schools Credit Union is to provide quality financial services to its members while maintaining fiscal responsibility.
Related structure
196 Middletown Area Schools Credit Union is child organization, under the parent exemption from Ohio Chartered Credit Unions.
Total revenues
$661,055
2024
Total expenses
$471,091
2024
Total assets
$10,193,948
2024
Num. employees
5
2024

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

RevenuesFYE 12/2024
Total grants, contributions, etc.$0
Program services$468,958
Investment income and dividends$192,097
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$661,055

Form 990s for 196 Middletown Area Schools Credit Union

Fiscal year endingDate received by IRSFormPDF link
2024-122025-04-13990View PDF
2023-122024-04-04990View PDF
2022-122023-05-04990View PDF
2021-122022-05-02990View PDF
2020-122021-06-30990View PDF
...and 10 more Form 990s

Organizations like 196 Middletown Area Schools Credit Union

OrganizationLocationRevenue
Christian Family Credit UnionMilford, OH$3,285,283
Cleveland Police Credit UnionCleveland, OH$2,170,003
Scott Associates Credit UnionMarysville, OH$698,121
New Horizons Credit UnionCincinnati, OH$2,195,839
Akron Fire Police Credit UnionAkron, OH$1,311,591
GROhio Community Credit UnionMansfield, OH$1,013,532
0859 Atrium Credit UnionFranklin, OH$573,306
32 Educational Community Alliance Credit UnionToledo, OH$2,865,123
1376 Maumee Valley Credit UnionToledo, OH$1,039,663
1246 Genesis Employees Credit UnionZanesville, 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
Free account sign-up

Want updates when 196 Middletown Area Schools Credit Union has new information, or want to find more organizations like 196 Middletown Area Schools Credit Union?

Create free Cause IQ account