Dec, 31, 2023 — EARTHMOVER CREDIT UNION is a non-federally insured state credit union headquartered in OSWEGO, IL with 6 branch locations and about $381.23 million in total assets. Opened 66 years ago in 1958, EARTHMOVER CREDIT UNION has about 29,373 members and employs 86 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | EARTHMOVER CREDIT UNION |
|---|---|
| Address: (Main Office) | 2195 Baseline Rd OSWEGO, IL 60543-6006 |
| Phone: | (630) 844-4950 |
| Fax: | (630) 896-1489 |
| Website: | https://www.earthmovercu.com |
| Branches: | 6 branch locations |
| Members: | 29,373 |
| Credit Union Type: | Non-Federally Insured State Credit Union |
| Charter Number: | 97059 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $381,228,183 |
| CEO/Manager: | Kelly McDonough |
| Chairperson: | Ronald Westphal |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 21,827,895 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 111,754,022 |
| Unsecured Loans | 27,083,492 |
| Other Loans | 101,947,222 |
| TOTAL LOANS | 240,784,736 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,039,706 |
| Land And Building | 7,972,371 |
| Other Fixed Assets | 844,649 |
| NCUSIF Deposit | 0 |
| All Other Assets | 0 |
| TOTAL ASSETS | 381,228,183 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,122,526 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 60,894,944 |
| Regular shares | 163,772,854 |
| All Other Shares & Deposits | 93,365,314 |
| TOTAL SHARES & DEPOSITS | 318,033,111 |
| TOTAL LIABILITIES | 321,155,637 |
| Regular Reserve | 0 |
| Other Reserves | -2,597,001 |
| Undivided Earnings | 62,669,547 |
| TOTAL EQUITY | 60,072,546 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 381,228,183 |
| INCOME & EXPENSE | |
| Loan Income | 13,515,655 |
| Investment Income | 2,691,503 |
| Other Income | 1,899,937 |
| Total Employee Compensation & Benefits | 7,147,503 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 7,553,119 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 230,744 |
| Cost of Funds | 1,956,038 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,177,358 |
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