Dec, 31, 2023 — CLIFFORD-JACOBS EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in CHAMPAIGN, IL with 1 branch location and about $1.34 million in total assets. Opened 68 years ago in 1956, CLIFFORD-JACOBS EMPLOYEES CREDIT UNION has about 182 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CLIFFORD-JACOBS EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 2410 N 5th St CHAMPAIGN, IL 61822 |
| Phone: | (217) 356-0081 |
| Fax: | (217) 356-0081 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 182 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60627 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Apr 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,335,034 |
| CEO/Manager: | KATHY E LEWIS |
| Chairperson: | TERRY BATES |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 404,200 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 109,713 |
| Other Loans | 424,748 |
| TOTAL LOANS | 534,461 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -16,481 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 12,853 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,335,034 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,259 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 739,869 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 739,869 |
| TOTAL LIABILITIES | 741,128 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 593,906 |
| TOTAL EQUITY | 593,906 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,335,034 |
| INCOME & EXPENSE | |
| Loan Income | 40,386 |
| Investment Income | 40,991 |
| Other Income | 1,139 |
| Total Employee Compensation & Benefits | 16,458 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 20,020 |
| Non-operating Income & (Expense) | 1,060 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 8,269 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 40,351 |
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