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CTA SOUTH FEDERAL CREDIT UNION

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

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
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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