Dec, 31, 2023 — CHICAGO FIRE OFFICERS' ASSOCIATION CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 1 branch location and about $10.11 million in total assets. Opened 67 years ago in 1957, CHICAGO FIRE OFFICERS' ASSOCIATION CREDIT UNION has about 1,142 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CHICAGO FIRE OFFICERS' ASSOCIATION CREDIT UNION |
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Address: (Main Office) | 10231 S Western Ave CHICAGO, IL 60643-1917 |
Phone: | (773) 445-1700 |
Fax: | (773) 445-1800 |
Website: | https://www.chicagosbravestcu.com |
Branches: | 1 branch locations |
Members: | 1,142 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 61560 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1957 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $10,109,329 |
CEO/Manager: | JoAnne Krawczyk |
Chairperson: | James R Corbett |
ASSETS: | $ Amount |
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Cash & Equivalents | 485,600 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 3,970,107 |
Other Loans | 4,519,504 |
TOTAL LOANS | 8,489,611 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -113,501 |
Land And Building | 0 |
Other Fixed Assets | 4,231 |
NCUSIF Deposit | 92,673 |
All Other Assets | 0 |
TOTAL ASSETS | 10,109,329 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 50,936 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 8,193,091 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 8,193,091 |
TOTAL LIABILITIES | 8,244,027 |
Regular Reserve | 0 |
Other Reserves | 304,365 |
Undivided Earnings | 1,560,937 |
TOTAL EQUITY | 1,865,302 |
TOTAL LIABILITIES, SHARES, & EQUITY | 10,109,329 |
INCOME & EXPENSE | |
Loan Income | 589,435 |
Investment Income | 31,354 |
Other Income | 19,700 |
Total Employee Compensation & Benefits | 252,708 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 162,144 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,957 |
Cost of Funds | 131,889 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 99,678 |
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