Dec, 31, 2023 — ILLIANA FINANCIAL CREDIT UNION is a federally insured state chartered credit union headquartered in CALUMET CITY, IL with 4 branch locations and about $257.66 million in total assets. Opened 88 years ago in 1936, ILLIANA FINANCIAL CREDIT UNION has about 22,204 members and employs 62 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ILLIANA FINANCIAL CREDIT UNION |
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Address: (Main Office) | 1600 Huntington Dr CALUMET CITY, IL 60409-5404 |
Phone: | (708) 891-7800 |
Fax: | (708) 891-8745 |
Website: | https://www.illiana.org |
Branches: | 4 branch locations |
Members: | 22,204 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68425 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $257,657,956 |
CEO/Manager: | James Henmueller |
Chairperson: | Russell Melby |
ASSETS: | $ Amount |
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Cash & Equivalents | 17,204,970 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 57,867,892 |
Unsecured Loans | 20,220,065 |
Other Loans | 53,341,868 |
TOTAL LOANS | 131,429,825 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,899,777 |
Land And Building | 4,298,096 |
Other Fixed Assets | 314,686 |
NCUSIF Deposit | 2,226,784 |
All Other Assets | 0 |
TOTAL ASSETS | 257,657,956 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,276,297 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 43,937,181 |
Regular shares | 101,296,613 |
All Other Shares & Deposits | 80,149,043 |
TOTAL SHARES & DEPOSITS | 225,382,837 |
TOTAL LIABILITIES | 226,664,134 |
Regular Reserve | 0 |
Other Reserves | -7,738,023 |
Undivided Earnings | 38,731,845 |
TOTAL EQUITY | 30,993,822 |
TOTAL LIABILITIES, SHARES, & EQUITY | 257,657,956 |
INCOME & EXPENSE | |
Loan Income | 7,818,925 |
Investment Income | 2,773,485 |
Other Income | 1,642,759 |
Total Employee Compensation & Benefits | 4,609,048 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 4,967,749 |
Non-operating Income & (Expense) | 90,309 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 910,000 |
Cost of Funds | 1,682,369 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,612,050 |
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