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COMMUNITY FEDERAL CREDIT UNION

Dec, 31, 2023 — COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in CHICAGO, IL with 1 branch location and about $132,960 in total assets. Opened 73 years ago in 1951, COMMUNITY FEDERAL CREDIT UNION has about 189 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:COMMUNITY FEDERAL CREDIT UNION
Address:
(Main Office)
4610 S Prairie Ave
CHICAGO, IL 60653-3902
Phone:(773) 373-8518
Fax:(773) 373-8528
Website:n/a
Branches:1 branch locations
Members:189
Credit Union Type:Federal Credit Union
Charter Number:7256
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1951
Last Audited:Jun 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$132,960
CEO/Manager:James Stewart
Chairperson:Kemper O Powell

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 80,175
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 4,485
 Other Loans 20,626
 TOTAL LOANS 25,111
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -404
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 1,926
 All Other Assets 0
  TOTAL ASSETS 132,960
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 96,873
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 96,873
  TOTAL LIABILITIES 96,873
 Regular Reserve 0
 Other Reserves 10,084
 Undivided Earnings 26,003
  TOTAL EQUITY 36,087
  TOTAL LIABILITIES, SHARES, & EQUITY 132,960
INCOME & EXPENSE  
 Loan Income 1,398
 Investment Income 63
 Other Income 0
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 5,802
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -4,078
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