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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations The Ohio Educational Credit Union Inc.

The Ohio Educational Credit Union Inc.

Fiscal year ending 2021. Filed on October 14, 2022.

4141 Rockside Road Suite 400
Seven Hills, Ohio 44131

The Ohio Educational Credit Union Inc. (EIN: 34-0153020) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, The Ohio Educational Credit Union Inc., a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 4 out of 52 total employees. Among the employees shown here, the average compensation is $122,140. The highest compensated employee at The Ohio Educational Credit Union Inc. is Jerome R Valco with fiscal year 2021 compensation of $186,340.

Revenue, expenses, and employee compensation

Revenue

$6,516,857

Expenses

$6,430,629

Employee compensation

$2,815,551
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jerome R Valco
Chief Executive Officer
$186,340
$148,478 No related comp$37,862
Anthony Toy
Chief Retail Services OFFI
$129,165
$121,571 No related comp$7,594
Sarah L Jankovic
Chief Financial Officer
$122,040
$88,345 No related comp$33,695
Michael R King
Chief Operating Officer
$51,013
$43,315 No related comp$7,698

Benchmark Employee Compensation

Non-Employee Board Members

Carol Creel
Director
Jackson M Boyd
Board Vice President
Mario Danese
Board Treasurer
Mark Bates
Director
Melody Patterson
Director
Mychael Henderson
Board Secretary
Patrick J Polen
Director
Robert W Dolan
Director
Tony H Smith Sr
Board President

Contractors

Credit Union Leasing of America
Cu Auto Leasing Program Administrator
$743,676
Pscu
Credit and Debit Card Processing
$484,587
NCR Corporation
Online/Mobile Banking Provider
$294,868
Four One Four Alliance LLC
Landlord for Cu Admin Office
$245,320
Starfish Computer Corp.
IT Consulting and Implementation
$221,084

Mission Statement

THE OHIO EDUCATIONAL CREDIT UNION IS A FULL-SERVICE FINANCIAL INSTITUTION. OUR GOAL IS TO RECOGNIZE AND UNDERSTAND THE UNIQUE NEEDS OF OUR INDIVIDUAL MEMBERS AND TO FULFILL THOSE NEEDS THROUGH A VARIETY OF DIVERSIFIED PRODUCTS AND SERVICES.

Revisions to this organization profile

November 10, 2025:
2024 The Ohio Educational Credit Union Inc. 990 filed
October 9, 2024:
2023 The Ohio Educational Credit Union Inc. 990 filed
September 20, 2023:
2022 The Ohio Educational Credit Union Inc. 990 filed

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