Dec, 31, 2023 — C T A F C FEDERAL CREDIT UNION is a federal credit union headquartered in CHICAGO, IL with 0 branch location and about $713,941 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: | https://www.ctafccreditunion.org/ |
| 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, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $713,941 |
| CEO/Manager: | Lashonda T Channel |
| Chairperson: |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 163,921 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 21,953 |
| Other Loans | 128,943 |
| TOTAL LOANS | 150,896 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,393 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 7,317 |
| All Other Assets | 0 |
| TOTAL ASSETS | 713,941 |
| 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 | 607,697 |
| All Other Shares & Deposits | 5,003 |
| TOTAL SHARES & DEPOSITS | 612,699 |
| TOTAL LIABILITIES | 612,699 |
| Regular Reserve | 0 |
| Other Reserves | 33,976 |
| Undivided Earnings | 67,266 |
| TOTAL EQUITY | 101,242 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 713,941 |
| INCOME & EXPENSE | |
| Loan Income | 12,082 |
| Investment Income | 24,904 |
| Other Income | 1,778 |
| Total Employee Compensation & Benefits | 5,100 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 23,237 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 3,139 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 7,288 |
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