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Filing year 2024

FRIENDS AND FAMILY CREDIT UNION

Massillon, Ohio·EIN 34-0925129·14
Total revenue
$5.9M
Total assets
$107.2M
Total expenses
$5.3M
Reported officers
9
Mission

SEE SCHEDULE O. THE FRIENDS AND FAMILY CREDIT UNION WAS FOUNDED IN 1958 TO SERVE THE FINANCIAL NEEDS OF EMPLOYEES OF THE MASSILLON SCHOOL SYSTEM. IN 2001, THE CREDIT UNION BECAME A COMMUNITY CHARTER CREDIT UNION. NOW, ALL BUSINESSES, INDIVIDUALS AND THEIR FAMILIES WHO LIVE, WORK, WORSHIP, OR ATTEND SCHOOL IN STARK COUNTY, OH ARE ELIGIBLE TO JOIN. FRIENDS AND FAMILY CREDIT UNION IS A FULL-SERVICE FINANCIAL INSTITUTION. THE FRIENDLY STAFF IS FULLY COMMITTED TO SERVICING ITS MEMBERSHIP. THE MEMBERS ARE OWNERS OF THE CREDIT UNION. PROFITS ARE RETURNED TO MEMBERS IN THE FORM OF HIGHER INTEREST ON SAVINGS, LOWER INTEREST RATES ON LOANS AND LOWER SERVICE FEES. MEMBERS ALSO ELECT A VOLUNTEER BOARD OF DIRECTORS THAT SET THE POLICIES FOR THE CREDIT UNION.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Up 4%
from 2023

From $125k in 2023 to $130k in 2024.

$125k
2023
$130k
2024
In today's dollarsEst.
Up 1% in real terms$138k to $140k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

FRIENDS AND FAMILY CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.3M
$4.9M
2023
$5.9M
$5.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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