Dec, 31, 2022 — NORTHSIDE L FEDERAL CREDIT UNION is a federal credit union headquartered in BROADVIEW, IL with 1 branch location and about $6.02 million in total assets. Opened 86 years ago in 1937, NORTHSIDE L FEDERAL CREDIT UNION has about 1,006 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 |
|---|---|
| Address: (Main Office) | 1419 W Roosevelt Rd BROADVIEW, IL 60155 |
| Phone: | (708) 345-3231 |
| Fax: | (708) 345-2125 |
| Website: | https://www.nslfcu.com |
| Branches: | 1 branch locations |
| Members: | 1,006 |
| 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: | $6,023,395 |
| CEO/Manager: | Kevin Barrett |
| Chairperson: | Larry Gunn |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,662,316 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 877,360 |
| Other Loans | 1,030,138 |
| TOTAL LOANS | 1,907,498 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -52,275 |
| Land And Building | 16,898 |
| Other Fixed Assets | 30,230 |
| NCUSIF Deposit | 51,801 |
| All Other Assets | 0 |
| TOTAL ASSETS | 6,023,395 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 22,708 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 474,770 |
| Regular shares | 4,774,969 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 5,249,739 |
| TOTAL LIABILITIES | 5,272,447 |
| Regular Reserve | 0 |
| Other Reserves | 378,458 |
| Undivided Earnings | 372,490 |
| TOTAL EQUITY | 750,948 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 6,023,395 |
| INCOME & EXPENSE | |
| Loan Income | 141,138 |
| Investment Income | 29,419 |
| Other Income | 17,974 |
| Total Employee Compensation & Benefits | 89,713 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 141,551 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -3,000 |
| Cost of Funds | 2,257 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -1,061 |
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