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National Credit Union Service Organization

NORTHSIDE L FEDERAL CREDIT UNION

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.


ABA Routing Number: 271080095
Name:NORTHSIDE L FEDERAL CREDIT UNION
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
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

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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