Sep, 30, 2025 — NORTHERN ILLINOIS FEDERAL CREDIT UNION is a federal credit union headquartered in DEKALB, IL with 1 branch location and about $18.65 million in total assets. Opened 68 years ago in 1958, NORTHERN ILLINOIS FEDERAL CREDIT UNION has about 2,195 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NORTHERN ILLINOIS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 817 W LINCOLN HWY DEKALB, IL 60115 |
| Phone: | (815) 669-1599 |
| Fax: | (815) 669-1533 |
| Website: | https://www.mynifcu.com |
| Branches: | 1 branch locations |
| Members: | 2,195 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 19708 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $18,646,829 |
| CEO/Manager: | MARK M LENAWAY |
| Chairperson: | JEFF REYNOLDS |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 447,666 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,703,648 |
| Unsecured Loans | 1,307,140 |
| Other Loans | 10,595,639 |
| TOTAL LOANS | 16,606,427 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -110,949 |
| Land And Building | 353,807 |
| Other Fixed Assets | 308 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 146,976 |
| All Other Assets | 0 |
| TOTAL ASSETS | 18,646,829 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 1,560,000 |
| Accounts Payable & Other Liabilities | 285,429 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,448,561 |
| Regular shares | 11,652,455 |
| All Other Shares & Deposits | 280,674 |
| TOTAL SHARES & DEPOSITS | 14,381,690 |
| TOTAL LIABILITIES | 16,227,119 |
| Regular Reserve | 0 |
| Other Reserves | 501,178 |
| Undivided Earnings | 1,918,532 |
| TOTAL EQUITY | 2,419,710 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 18,646,829 |
| INCOME & EXPENSE | |
| Loan Income | 759,949 |
| Investment Income | 45,147 |
| Other Income | 86,876 |
| Total Employee Compensation & Benefits | 283,862 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 301,740 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 100,000 |
| Cost of Funds | 32,017 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 225,478 |
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