Dec, 31, 2021 — NORTHSIDE L FEDERAL CREDIT UNION is a federal credit union headquartered in BROADVIEW, IL with 1 branch location and about $6.00 million in total assets. Opened 85 years ago in 1937, NORTHSIDE L FEDERAL CREDIT UNION has about 1,051 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | NORTHSIDE L FEDERAL CREDIT UNION |
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Address: (Main Office) | 1419 W Roosevelt Rd BROADVIEW, IL 60155 |
Phone: | (708) 345-3231 |
Fax: | (708) 345-2125 |
Website: | http://www.nslfcu.com |
Branches: | 1 branch locations |
Members: | 1,051 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 2467 |
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Membership Type: | Multiple common bond - Primarily transportation |
Corporate Credit Union: | No |
Year Opened: | 1937 |
Last Audited: | Sep 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $6,000,726 |
CEO/Manager: | Kevin Barrett |
Chairperson: | Larry Gunn |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,598,334 |
TOTAL INVESTMENTS | 1,451,261 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 862,821 |
Other Loans | 986,813 |
TOTAL LOANS | 1,849,634 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -82,976 |
Land And Building | 18,762 |
Other Fixed Assets | 13,454 |
NCUSIF Deposit | 49,601 |
All Other Assets | 102,656 |
TOTAL ASSETS | 6,000,726 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 68,658 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 456,576 |
Regular shares | 4,717,384 |
All Other Shares & Deposits | 6,100 |
TOTAL SHARES & DEPOSITS | 5,180,060 |
TOTAL LIABILITIES | 5,248,718 |
Regular Reserve | 429,780 |
Other Reserves | -51,322 |
Undivided Earnings | 373,550 |
TOTAL EQUITY | 752,008 |
TOTAL LIABILITIES, SHARES, & EQUITY | 6,000,726 |
INCOME & EXPENSE | |
Loan Income | 180,639 |
Investment Income | 36,871 |
Other Income | 26,768 |
Total Employee Compensation & Benefits | 113,115 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 202,651 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -6,500 |
Cost of Funds | 2,399 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 29,698 |
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