Sep, 30, 2025 — WESTERN SPRINGS FEDERAL CREDIT UNION is a federal credit union headquartered in WESTERN SPRINGS, IL with 1 branch location and about $3.84 million in total assets. Opened 66 years ago in 1960, WESTERN SPRINGS FEDERAL CREDIT UNION has about 467 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WESTERN SPRINGS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 810 Hillgrove Ave WESTERN SPRINGS, IL 60558 |
| Phone: | (708) 246-6870 |
| Fax: | (708) 246-6897 |
| Website: | https://www.wsfcunion.com |
| Branches: | 1 branch locations |
| Members: | 467 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13481 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Aug 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,837,807 |
| CEO/Manager: | Kimberly M Schau |
| Chairperson: | Dan Chick |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 295,098 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 316,959 |
| Other Loans | 1,260,240 |
| TOTAL LOANS | 1,577,199 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -17,040 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 30,413 |
| All Other Assets | 0 |
| TOTAL ASSETS | 3,837,807 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 401 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 3,176,777 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 3,176,777 |
| TOTAL LIABILITIES | 3,177,178 |
| Regular Reserve | 0 |
| Other Reserves | 105,737 |
| Undivided Earnings | 554,892 |
| TOTAL EQUITY | 660,629 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,837,807 |
| INCOME & EXPENSE | |
| Loan Income | 64,421 |
| Investment Income | 59,508 |
| Other Income | 811 |
| Total Employee Compensation & Benefits | 36,717 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 18,321 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 38,302 |
| Cost of Funds | 13,618 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 17,782 |
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