Mar, 31, 2022 — CTA SOUTH FEDERAL CREDIT UNION is a federal credit union headquartered in CHICAGO, IL with 1 branch location and about $1.29 million in total assets. Opened 62 years ago in 1960, CTA SOUTH FEDERAL CREDIT UNION has about 517 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CTA SOUTH FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 8050 S King Dr CHICAGO, IL 60619-3700 |
| Phone: | (773) 783-5693 |
| Fax: | (773) 783-6095 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 517 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13533 |
|---|---|
| Membership Type: | Service - Transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,291,209 |
| CEO/Manager: | Joyce Jackson |
| Chairperson: | Kenneth Mixon |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 739,222 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 233,763 |
| Other Loans | 128,459 |
| TOTAL LOANS | 362,222 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -37,453 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 9,249 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,291,209 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 894 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 992,684 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 992,684 |
| TOTAL LIABILITIES | 993,578 |
| Regular Reserve | 0 |
| Other Reserves | 63,382 |
| Undivided Earnings | 234,249 |
| TOTAL EQUITY | 297,631 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,291,209 |
| INCOME & EXPENSE | |
| Loan Income | 14,917 |
| Investment Income | 210 |
| Other Income | 958 |
| Total Employee Compensation & Benefits | 3,775 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 15,556 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 0 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -3,246 |
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