Dec, 31, 2023 — MOLEX EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in LISLE, IL with 1 branch location and about $6.67 million in total assets. Opened 46 years ago in 1978, MOLEX EMPLOYEES FEDERAL CREDIT UNION has about 1,234 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | MOLEX EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 2222 Wellington Ct LISLE, IL 60532 |
Phone: | (630) 527-4280 |
Fax: | (630) 416-4918 |
Website: | https://molexfcu.com |
Branches: | 1 branch locations |
Members: | 1,234 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 23109 |
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Membership Type: | Manufacturing - All Other |
Corporate Credit Union: | No |
Year Opened: | 1978 |
Last Audited: | Dec 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $6,674,993 |
CEO/Manager: | Lora J Clarke |
Chairperson: | Miles Shearer |
ASSETS: | $ Amount |
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Cash & Equivalents | 727,104 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 87,920 |
Other Loans | 5,100,909 |
TOTAL LOANS | 5,188,829 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -21,793 |
Land And Building | 0 |
Other Fixed Assets | 4,413 |
NCUSIF Deposit | 61,114 |
All Other Assets | 0 |
TOTAL ASSETS | 6,674,993 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,800 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 4,710,720 |
All Other Shares & Deposits | 911,763 |
TOTAL SHARES & DEPOSITS | 5,622,483 |
TOTAL LIABILITIES | 5,625,283 |
Regular Reserve | 0 |
Other Reserves | 94,337 |
Undivided Earnings | 955,373 |
TOTAL EQUITY | 1,049,710 |
TOTAL LIABILITIES, SHARES, & EQUITY | 6,674,993 |
INCOME & EXPENSE | |
Loan Income | 202,496 |
Investment Income | 38,563 |
Other Income | 12,249 |
Total Employee Compensation & Benefits | 133,805 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 40,087 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 31,435 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 47,981 |
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