Sep, 30, 2025 — ISRAEL METHCOMM FEDERAL CREDIT UNION is a federal credit union headquartered in CHICAGO, IL with 1 branch location and about $2.15 million in total assets. Opened 63 years ago in 1963, ISRAEL METHCOMM FEDERAL CREDIT UNION has about 230 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ISRAEL METHCOMM FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 7620 S Cottage Grove Ave CHICAGO, IL 60619-2517 |
| Phone: | (773) 483-1131 |
| Fax: | (773) 483-0092 |
| Website: | https://www.imfcu.com/ |
| Branches: | 1 branch locations |
| Members: | 230 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15673 |
|---|---|
| Membership Type: | Multiple common bond - Primarily faith based |
| Corporate Credit Union: | No |
| Year Opened: | 1963 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,145,576 |
| CEO/Manager: | Eddie Berry |
| Chairperson: | Willie Lewis |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 657,142 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 2,275 |
| Other Loans | 650,370 |
| TOTAL LOANS | 652,645 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -54,296 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 15,653 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,145,576 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 219,411 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,623,616 |
| All Other Shares & Deposits | 18,730 |
| TOTAL SHARES & DEPOSITS | 1,642,346 |
| TOTAL LIABILITIES | 1,861,757 |
| Regular Reserve | 0 |
| Other Reserves | 5,163 |
| Undivided Earnings | 278,656 |
| TOTAL EQUITY | 283,819 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,145,576 |
| INCOME & EXPENSE | |
| Loan Income | 30,168 |
| Investment Income | 23,778 |
| Other Income | 408 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 7,247 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 42 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 47,573 |
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