2026-05-05T10:43:43-05:00 2025-12-31 990 2025-01-01 340711538 EATON FAMILY CREDIT UNION INC % Michael Losneck EATO 2169202000 333 BABBITT ROAD EUCLID OH 44123 MICHAEL LOSNECK TreasurerCEO 2169202000 2026-05-05 2025 2025-03-06 01:10:19Z GINA S JACKSON 333 Babbitt Road Euclid OH 44123 4988145 false X WWW.EATONFAMILYCU.COM X 1937 OH Eaton Family Credit Union provides financial services to its qualified members 8 0 30 12 83725 10419 0 4395393 4395667 417241 518277 -2584 4812634 4911360 0 0 1208447 1303340 0 0 3558690 3565182 4767137 4868522 45497 42838 75465726 76986794 1214414 0 74251312 76986794 X Our mission is to be our members preferred source for financial products and services by meeting the growing and changing needs of the membership while maintaining a position of financial strength. false false 1303340 Direct Employee & Benefit costs incurred while providing savings and deposit services, loan originations and other services in the loan portfolio, while providing account maintenance and assistance to our members. 601684 Data processing & information technology ($207,560.18), Network Security and direct program costs; ATM program ($25,781.69), Debit Card program ($164,533.26) VISA program ($171,157.57) BillPay program ($14,167.18) and Shared Branching ($18,484.73) costs incurred recording member account activities and to provide access to our members to their accounts through Homebanking, ATMs, Debit & Credit card programs and in-person transactions at the different branch locations. 1058824 Dividends and Interest paid on approximately 16,949 accounts held by approximately 10,931 members. 2963848 false false false false false false false false false true false true false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false true X 0 0 false 30 true true true false false false false false false false X 8 0 false false false false true true false true true false true true true true true true true true true true false X X MICHAEL T LOSNECK 2169202000 333 Babbitt Road Euclid OH 44123 X MICHAEL T LOSNECK Treasurer CEO 40.00 0.00 X 183169 0 0 BRIDGET F LEWIS COO 40.00 40.00 X 104602 0 0 KELLY J SLOCUM CFO 40.00 0.00 X 102656 0 0 MARC MANBURG Director 2.00 0.00 X 0 0 0 EVELYEEN PROBERT Director 2.00 0.00 X 0 0 0 DORIS YEE Director 2.00 0.00 X 0 0 0 CHRISTOPHER JOCHUM Director 2.00 0.00 X 0 0 0 SURESH BABU Board Vice Chair 2.00 0.00 X 0 0 0 GINA JACKSON Chairperson Board 2.00 0.00 X 0 0 0 MICHELLE FISCHER Secretary 2.00 0.00 X 0 0 0 390427 0 0 3 false true false LOAN INTEREST INCOME 522291 3487976 3487976 FEES & OTHER INCOME 522100 720192 720192 OTHER MISC INCOME 522100 187499 103774 83725 4395667 518277 518277 74201 76785 -2584 -2584 0 4911360 4830219 83725 0 X 1127694 116532 59114 53962 546515 8137 65627 7213 22812 13501 LOAN SERVICING 564443 OUTSIDE SERVICES 339312 PROVISION FOR LOAN LOSSES 823954 MISC 60882 1058824 4868522 0 0 0 982228 1265592 927853 2226848 55702523 55156425 1354607 951769 423610 402838 14689779 15375025 2739733 2560066 75465726 76986794 1214414 1214414 0 X 74251312 76986794 74251312 76986794 75465726 76986794 X 42838 -925454 3335374 X X true X true X true false 190290 190290 324685 167214 157471 56020 18657 37363 783612 765898 17714 402838 SECURITIES AVAIL 4 SAL SA 1160935 C CERTIFICTES AVAIL 4 SALE 14214090 15375025 MICHAEL T LOSNECK Treasurer CEO 183169 183169 Part VI Line 1a Board of Directors / Governing Body all share in equal voting rights, Part VI Line 1a Board appoints a Supervisory Committee that is resposible and is vested Part VI Line 1a with monitoring the financial soundness of the Credit Union Part VI Line 6 The Credit Union is comprissed of a single class owner/member each of which Part VI Line 6 has equal rights to ownership and has voting rights at the annual meeting. Part VI Line 7a Credit Union is comprised of a single class owner/member each of which has Part VI Line 7a equal rights to ownership and has voting rights at the annual meeting. Part VI Line 11b Form 990 and all schedules are reviewed by the Treasurer/CEO and they are Part VI Line 11b voted on by the Board of Directors and recorded in the meeting minutes. Part VI Line 12c All policies are reviewed annually, voted on by the Board of Directors and Part VI Line 12c recorded in the meeting minutes. Part VI Line 15a or b All employee wages are compared to a comparable sized credit union Part VI Line 15a or b and compared to pre-set goals and objectives annually. Part VI Line 19 All forms are available at each office upon request and listed online at Part VI Line 19 NCUA.gov, Guidestar.com and at the State of Ohio Website. Part IX Line 24e DIVIDENDS PAID Total expenses - $1058824.00 Program service expenses - $0.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00 Part XI Line 9 Increase or Decrease in member share balances while performing Part XI Line 9 financial services to members. Part XII Line 2c The Board appoints a Supervisory Committee who is responsible for the Part XII Line 2c hiring and the ocersight of the Independant Auditors. Part V Line 3 The 990T tax filing was filed electronically and the tax Part V Line 3 liability was paid online via the EFTPS portal. Part VI Line 1 The Board of Directors all share in equal voting rights Part VI Line 6 The credit union is comprised of a single class owner/member Part VI Line 6 each of which has equal rights to ownership and has voting Part VI Line 6 rights st the annnual meeting. Part VI Line 7a Members have the authority to elect members to the Board of Part VI Line 7a Directors for a 3-year term on a rotating basis, candidates a Part VI Line 7a are voted on by a mail vote. Part VI Line 7b Any appointments to mid term seats on the Board of Directors Part VI Line 7b must be presented to the membership and voted on at the Part VI Line 7b annual meeeting. Part VI Line 11b Form 990 and all schedules are reviewed by the Treasurer/CEO Part VI Line 11b and they are voted on by the Board of Directors and recorded Part VI Line 11b in th emeeting minutes. Part VI Line 12c All policies are rewiewed annually, voted on by the Board of Part VI Line 12c Directors and recorded in the meeting minutes. Part VI Line 15 All employee wages are compared to a compaable sized credit Part VI Line 15 union and compared to pre-set goals and objectives annually. Part VI line 19 All forms are available at each office upon request and listed Part VI Line 19 online at NCUA.gov, Guidestar.com and the State of Ohio Site. Part XI line 9 Change in member Shares while performing financial serviices. Part XIII Line 2c The Board appoints a Supervisory Committee who is responsible Part XIII Line 2c for the hiring and the oversight of the Independant Auditors. Part VI Line 1a The Board appoints a member to serve on its Supervisory which Part VI Line 1a is vested with monitoring the financial soundnesss of the Part VI Line 1a credit union.