Sep, 30, 2025 — C T A F C FEDERAL CREDIT UNION is a federal credit union headquartered in CHICAGO, IL with 1 branch location and about $759,657 in total assets. Opened 58 years ago in 1968, C T A F C FEDERAL CREDIT UNION has about 680 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | C T A F C FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 14 S ASHLAND AVE CHICAGO, IL 60607-1806 |
| Phone: | (312) 243-5190 |
| Fax: | (312) 243-7434 |
| Website: | https://www.ctafccreditunion.org/ |
| Branches: | 1 branch locations |
| Members: | 680 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18882 |
|---|---|
| Membership Type: | Associational - Religious, other than those designated 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1968 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $759,657 |
| CEO/Manager: | Lashonda T Channel |
| Chairperson: | Condae Thomas |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 127,776 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 44,552 |
| Other Loans | 188,105 |
| TOTAL LOANS | 232,658 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,392 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 6,126 |
| All Other Assets | 0 |
| TOTAL ASSETS | 759,657 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,120 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 615,896 |
| All Other Shares & Deposits | 5,002 |
| TOTAL SHARES & DEPOSITS | 620,898 |
| TOTAL LIABILITIES | 624,018 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 135,639 |
| TOTAL EQUITY | 135,639 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 759,657 |
| INCOME & EXPENSE | |
| Loan Income | 10,308 |
| Investment Income | 15,944 |
| Other Income | 493 |
| Total Employee Compensation & Benefits | 9,000 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 24,049 |
| 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) | -11,082 |
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