Dec, 31, 2023 — ALTON MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in ALTON, IL with 1 branch location and about $470,877 in total assets. Opened 69 years ago in 1955, ALTON MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION has about 250 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 |
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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: | 250 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 10308 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1955 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $470,877 |
CEO/Manager: | Christopher Bradley |
Chairperson: | Bradley Sweetman |
ASSETS: | $ Amount |
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Cash & Equivalents | 88,075 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 54,737 |
Other Loans | 332,892 |
TOTAL LOANS | 387,628 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,856 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 3,030 |
All Other Assets | 0 |
TOTAL ASSETS | 470,877 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 40 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 291,081 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 291,081 |
TOTAL LIABILITIES | 291,121 |
Regular Reserve | 0 |
Other Reserves | 23,001 |
Undivided Earnings | 156,755 |
TOTAL EQUITY | 179,756 |
TOTAL LIABILITIES, SHARES, & EQUITY | 470,877 |
INCOME & EXPENSE | |
Loan Income | 29,737 |
Investment Income | 0 |
Other Income | 0 |
Total Employee Compensation & Benefits | 14,760 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 6,240 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 888 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 7,875 |
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