Springfield, OH
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)Edison Credit Union Inc, founded in 1964, is a small nonprofit that reported $254K in total revenue in fiscal year 2019.
The mission of the credit union is to provide the best financial service including savings and loan services to existing and future members within our field of membership, while maintaining safety, security and financial soundness.
The credit union serviced their 716 members by providing deposit services including share and club accounts, share draft accounts, share certificates and IRA accounts. The members have access to home...
The credit union serviced their 716 members by providing deposit services including share and club accounts, share draft accounts, share certificates and IRA accounts. The members have access to home banking, debit cards, credit cards and ATMs. The credit union's net worth increased from 11.70% in 2018 to 12.54% in 2019.
Loan products offered by the credit union include new and used vehicle loans, recreational vehicle loans, share secured loans, unsecured loans and credit cards. Loans increased 1.05% in 2019. The...
Loan products offered by the credit union include new and used vehicle loans, recreational vehicle loans, share secured loans, unsecured loans and credit cards. Loans increased 1.05% in 2019. The credit union granted 106 loans in 2019 totaling $1,095,575 at competitive loan rates.
The credit union paid competitive dividends on 855 share accounts, share certificate accounts and IRA accounts held by the credit union's 716 members.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2019 | 2018 | Change | |
|---|---|---|---|
| Revenue | $254,372 | $254,246 | +0.0% |
| Expenses | $262,646 | $268,853 | 0.0% |
| Net Income | $-8,274 | $-14,607 | -0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Nancy Gregory | Board Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Edward Wadsworth | Board Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Allan Carleton | Board Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Tim Suter | Board Treasurer | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Constance Wilcox | Board Secretary | 0.75 |
Officer
Director
|
$0 | $0 | $0 |
| Benjamin Miller | Board Vice President | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Herb Bushu | Board President | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2019 | $254,372 | $262,646 | $3,801,817 | $-8,274 |
| 2018 | $254,246 | $268,853 | $4,144,781 | $-14,607 |
Compare Edison Credit Union Inc with other nonprofits in Ohio and across the country.