Dec, 31, 2023 — SERVICE PLUS CREDIT UNION is a federally insured state chartered credit union headquartered in MOLINE, IL with 1 branch location and about $31.02 million in total assets. Opened 74 years ago in 1950, SERVICE PLUS CREDIT UNION has about 1,637 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SERVICE PLUS CREDIT UNION |
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Address: (Main Office) | 2110 53rd St MOLINE, IL 61265 |
Phone: | (309) 736-2500 |
Fax: | (309) 736-2505 |
Website: | https://www.service-pluscu.org |
Branches: | 1 branch locations |
Members: | 1,637 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 65770 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1950 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $31,021,405 |
CEO/Manager: | Kristine S Kilburg |
Chairperson: | Dale Adamson |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,179,804 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 13,780,063 |
Unsecured Loans | 1,207,914 |
Other Loans | 4,485,406 |
TOTAL LOANS | 19,473,383 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -111,600 |
Land And Building | 294,460 |
Other Fixed Assets | 11,194 |
NCUSIF Deposit | 266,091 |
All Other Assets | 0 |
TOTAL ASSETS | 31,021,405 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 58,778 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,486,073 |
Regular shares | 11,931,846 |
All Other Shares & Deposits | 11,711,163 |
TOTAL SHARES & DEPOSITS | 27,129,082 |
TOTAL LIABILITIES | 27,187,860 |
Regular Reserve | 0 |
Other Reserves | 510,370 |
Undivided Earnings | 3,323,175 |
TOTAL EQUITY | 3,833,545 |
TOTAL LIABILITIES, SHARES, & EQUITY | 31,021,405 |
INCOME & EXPENSE | |
Loan Income | 764,412 |
Investment Income | 204,707 |
Other Income | 92,551 |
Total Employee Compensation & Benefits | 413,645 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 447,426 |
Non-operating Income & (Expense) | 30,000 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 26,700 |
Cost of Funds | 175,180 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 121,435 |
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