Sep, 30, 2025 — ALTON MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in ALTON, IL with 1 branch location and about $472,489 in total assets. Opened 71 years ago in 1955, ALTON MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION has about 243 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ALTON MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3212 College Ave ALTON, IL 62002-4750 |
| Phone: | (618) 462-8771 |
| Fax: | (618) 465-0517 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 243 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10308 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $472,489 |
| CEO/Manager: | Christopher Bradley |
| Chairperson: | Bradley Sweetman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 123,270 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 42,856 |
| Other Loans | 309,024 |
| TOTAL LOANS | 351,870 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,856 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 3,099 |
| All Other Assets | 0 |
| TOTAL ASSETS | 472,489 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,494 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 297,464 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 297,463 |
| TOTAL LIABILITIES | 300,957 |
| Regular Reserve | 0 |
| Other Reserves | 23,001 |
| Undivided Earnings | 148,531 |
| TOTAL EQUITY | 171,532 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 472,489 |
| INCOME & EXPENSE | |
| Loan Income | 19,241 |
| Investment Income | 0 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 11,985 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 9,654 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 559 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -2,957 |
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