Credit Unions Near Me
National Credit Union Service Organization

STATE FARM FEDERAL CREDIT UNION

Dec, 31, 2023 — STATE FARM FEDERAL CREDIT UNION is a federal credit union headquartered in BLOOMINGTON, IL with 1 branch location and about $4.33 billion in total assets. Opened 88 years ago in 1936, STATE FARM FEDERAL CREDIT UNION has about 120,770 members and employs 135 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 271176200
Name:STATE FARM FEDERAL CREDIT UNION
Address:
(Main Office)
1 State Farm Plz
BLOOMINGTON, IL 61710-0001
Phone:(888) 521-5209
Fax:
Website:https://www.statefarmfcu.com
Branches:1 branch locations
Members:120,770
Credit Union Type:Federal Credit Union
Charter Number:1273
Membership Type:Service - Finance, Insurance, Real Estate, Trade
Corporate Credit Union:No
Year Opened:1936
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$4,334,138,941
CEO/Manager:Steve Gorrie
Chairperson:Holly Roberts

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 13,751,714
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 80,541
 Unsecured Loans 221,055,059
 Other Loans 844,486,399
 TOTAL LOANS 1,065,621,999
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -5,808,136
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 36,282,270
 All Other Assets 0
  TOTAL ASSETS 4,334,138,941
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 144,807
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 3,607,579,327
 All Other Shares & Deposits 104,535,625
  TOTAL SHARES & DEPOSITS 3,712,114,952
  TOTAL LIABILITIES 3,712,259,759
 Regular Reserve 0
 Other Reserves -50,605,944
 Undivided Earnings 672,485,126
  TOTAL EQUITY 621,879,182
  TOTAL LIABILITIES, SHARES, & EQUITY 4,334,138,941
INCOME & EXPENSE  
 Loan Income 40,424,233
 Investment Income 68,730,060
 Other Income 1,113,330
 Total Employee Compensation & Benefits 11,172,770
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 7,647,817
 Non-operating Income & (Expense) 12,301,868
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,207,644
 Cost of Funds 88,513,927
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 13,251,198
↑ Back to Top

Other Credit Unions

I W U FEDERAL CREDIT UNION
1312 PARK ST
BLOOMINGTON, IL 61701-1773
NORMAL CITY EMPLOYEES FEDERAL CREDIT UNION
100 E Phoenix Ave
NORMAL, IL 61761-3018
PONTIAC DWIGHT PRISON EMPLOYS CREDIT UNION
300 N LADD ST
PONTIAC, IL 61764-1676
PEORIA CITY EMPLOYEES CREDIT UNION
Peoria City Employees Credit Union
PEORIA, IL 61603-3766
HAULPAK FEDERAL CREDIT UNION
2300 NE Adams St
PEORIA, IL 61639-0001
BLOOMINGTON MUNICIPAL CREDIT UNION
602 S Gridley St
BLOOMINGTON, IL 61701-5227
BLOOMINGTON POSTAL EMPLOYEES CREDIT UNION
1511 E EMPIRE ST
BLOOMINGTON, IL 61701
TAZEWELL COUNTY SCHOOL EMPLOYEES CREDIT UNION
1470 Valle Vista Blvd
PEKIN, IL 61554
PEORIA POSTAL EMPLOYEES CREDIT UNION
95 State St Rm 34
PEORIA, IL 61601-9906
MID-ILLINI CREDIT UNION
1811 Eastland Dr
BLOOMINGTON, IL 61704