Sep, 30, 2025 — NEW CENTURY FEDERAL CREDIT UNION is a federal credit union headquartered in JOLIET, IL with 2 branch locations and about $56.68 million in total assets. Opened 90 years ago in 1936, NEW CENTURY FEDERAL CREDIT UNION has about 4,529 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NEW CENTURY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 291 Springfield Ave JOLIET, IL 60435-6509 |
| Phone: | (815) 741-1847 |
| Fax: | (815) 729-4136 |
| Website: | https://www.newcenturyfcu.org |
| Branches: | 2 branch locations |
| Members: | 4,529 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1251 |
|---|---|
| Membership Type: | Multiple common bond - Primarily primary and fabricated metals |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $56,681,103 |
| CEO/Manager: | Mark Eissens |
| Chairperson: | Joseph Fabbre |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,675,216 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 11,962,282 |
| Unsecured Loans | 1,940,053 |
| Other Loans | 11,065,330 |
| TOTAL LOANS | 24,967,665 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -103,765 |
| Land And Building | 497,315 |
| Other Fixed Assets | 95,484 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 464,289 |
| All Other Assets | 0 |
| TOTAL ASSETS | 56,681,103 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 49,474 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 79,598 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,054,590 |
| Regular shares | 26,320,937 |
| All Other Shares & Deposits | 17,039,777 |
| TOTAL SHARES & DEPOSITS | 48,415,304 |
| TOTAL LIABILITIES | 48,544,376 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 8,136,727 |
| TOTAL EQUITY | 8,136,727 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 56,681,103 |
| INCOME & EXPENSE | |
| Loan Income | 1,209,915 |
| Investment Income | 586,597 |
| Other Income | 51,572 |
| Total Employee Compensation & Benefits | 655,298 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 664,802 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 52,600 |
| Cost of Funds | 339,401 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 303,699 |
| ↑ Back to Top | |