Dec, 31, 2023 — UNITED COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in QUINCY, IL with 4 branch locations and about $117.62 million in total assets. Opened 83 years ago in 1941, UNITED COMMUNITY CREDIT UNION has about 10,079 members and employs 41 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | UNITED COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 1001 Vermont St QUINCY, IL 62301 |
| Phone: | (217) 224-1093 |
| Fax: | (217) 224-0802 |
| Website: | https://www.myuccu.com |
| Branches: | 4 branch locations |
| Members: | 10,079 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60095 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1941 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $117,624,112 |
| CEO/Manager: | Sarah Distin |
| Chairperson: | Andrew Doellman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,952,070 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 28,903,450 |
| Unsecured Loans | 5,136,627 |
| Other Loans | 45,864,263 |
| TOTAL LOANS | 79,904,340 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -342,343 |
| Land And Building | 1,878,562 |
| Other Fixed Assets | 162,706 |
| NCUSIF Deposit | 1,039,956 |
| All Other Assets | 22,461 |
| TOTAL ASSETS | 117,624,112 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 122,263 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 419,956 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 16,739,965 |
| Regular shares | 68,264,458 |
| All Other Shares & Deposits | 14,624,807 |
| TOTAL SHARES & DEPOSITS | 99,629,231 |
| TOTAL LIABILITIES | 100,171,511 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 17,452,601 |
| TOTAL EQUITY | 17,452,601 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 117,624,112 |
| INCOME & EXPENSE | |
| Loan Income | 3,960,139 |
| Investment Income | 818,417 |
| Other Income | 596,564 |
| Total Employee Compensation & Benefits | 2,244,971 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,020,966 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 91,181 |
| Cost of Funds | 854,393 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,100,364 |
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