ALDERSGATE FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.igrc.org for more information.
Sep, 30, 2025 — ALDERSGATE FEDERAL CREDIT UNION is a federal credit union headquartered in Marion, IL with 1 branch location and about $8.70 million in total assets. Opened 64 years ago in 1962, ALDERSGATE FEDERAL CREDIT UNION has about 796 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ALDERSGATE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO Box 1790 Marion, IL 62959 |
| Phone: | (618) 944-0817 |
| Fax: | |
| Website: | https://www.igrc.org |
| Branches: | 1 branch locations |
| Members: | 796 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15062 |
|---|---|
| Membership Type: | Associational - Religious, other than those designated 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1962 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $8,697,008 |
| CEO/Manager: | Marilyn Sullins |
| Chairperson: | Alan Rhein |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 219,267 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 8,604,716 |
| Other Loans | 1,758,953 |
| TOTAL LOANS | 8,062,337 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -85,250 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 74,045 |
| All Other Assets | 0 |
| TOTAL ASSETS | 8,697,008 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 0 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 6,995,723 |
| All Other Shares & Deposits | 1,041,439 |
| TOTAL SHARES & DEPOSITS | 7,693,241 |
| TOTAL LIABILITIES | 9,467,343 |
| Regular Reserve | 0 |
| Other Reserves | 67,877 |
| Undivided Earnings | 877,280 |
| TOTAL EQUITY | 945,157 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,555,799 |
| INCOME & EXPENSE | |
| Loan Income | 236,624 |
| Investment Income | 202 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 32,608 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 71,756 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 174,275 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -6,953,708 |
| ↑ Back to Top | |