KANKAKEE TERMINAL BELT CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.ktbcu.com for more information.
Dec, 31, 2023 — KANKAKEE TERMINAL BELT CREDIT UNION is a federally insured state chartered credit union headquartered in Kankakee, IL with 1 branch location and about $7.12 million in total assets. Opened 71 years ago in 1953, KANKAKEE TERMINAL BELT CREDIT UNION has about 1,181 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | KANKAKEE TERMINAL BELT CREDIT UNION |
---|---|
Address: (Main Office) | 1370 W Court St Kankakee, IL 60901 |
Phone: | (815) 939-1688 |
Fax: | (815) 939-1695 |
Website: | https://www.ktbcu.com |
Branches: | 1 branch locations |
Members: | 1,181 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 60536 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1953 |
Last Audited: | Mar 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $7,118,349 |
CEO/Manager: | Julie R Parks |
Chairperson: | Brent J Manau |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 369,793 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 747,373 |
Other Loans | 4,178,079 |
TOTAL LOANS | 4,925,452 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -33,985 |
Land And Building | 139,622 |
Other Fixed Assets | 2,246 |
NCUSIF Deposit | 68,083 |
All Other Assets | 0 |
TOTAL ASSETS | 7,118,349 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 12,902 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,640,868 |
Regular shares | 4,759,539 |
All Other Shares & Deposits | 101,614 |
TOTAL SHARES & DEPOSITS | 6,502,021 |
TOTAL LIABILITIES | 6,514,923 |
Regular Reserve | 0 |
Other Reserves | 251,276 |
Undivided Earnings | 352,150 |
TOTAL EQUITY | 603,426 |
TOTAL LIABILITIES, SHARES, & EQUITY | 7,118,349 |
INCOME & EXPENSE | |
Loan Income | 216,029 |
Investment Income | 9,874 |
Other Income | 78,927 |
Total Employee Compensation & Benefits | 122,586 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 146,239 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -6,499 |
Cost of Funds | 2,153 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 40,351 |
↑ Back to Top |