Jun, 30, 2024 — C T A F C FEDERAL CREDIT UNION is a federal credit union headquartered in CHICAGO, IL with 0 branch location and about $729,817 in total assets. Opened 56 years ago in 1968, C T A F C FEDERAL CREDIT UNION has about 682 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: | n/a |
| Branches: | 0 branch locations |
| Members: | 682 |
| 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: | Aug 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $729,817 |
| CEO/Manager: | VIVIAN PHILLIPS |
| Chairperson: | SHANTEE McCreary |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 405,763 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 25,844 |
| Other Loans | 102,000 |
| TOTAL LOANS | 127,844 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -11,341 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 6,952 |
| All Other Assets | 0 |
| TOTAL ASSETS | 729,817 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,000 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 653,190 |
| All Other Shares & Deposits | 5,003 |
| TOTAL SHARES & DEPOSITS | 658,193 |
| TOTAL LIABILITIES | 661,193 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 68,624 |
| TOTAL EQUITY | 68,624 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 729,817 |
| INCOME & EXPENSE | |
| Loan Income | 6,693 |
| Investment Income | 3,926 |
| Other Income | 1,350 |
| Total Employee Compensation & Benefits | 6,581 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 71,897 |
| 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) | -66,478 |
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