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National Credit Union Service Organization

NORTHSIDE L FEDERAL CREDIT UNION

Jun, 30, 2021 — NORTHSIDE L FEDERAL CREDIT UNION is a federal credit union headquartered in Broadview, IL with 1 branch location and about $5.97 million in total assets. Opened 84 years ago in 1937, NORTHSIDE L FEDERAL CREDIT UNION has about 1,127 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:1,127
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$5,966,002
CEO/Manager:Kevin Barrett
Chairperson:Larry Gunn

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,438,020
TOTAL INVESTMENTS 1,651,057
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 698,183
 Other Loans 1,073,755
 TOTAL LOANS 1,771,938
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -85,756
 Land And Building 20,005
 Other Fixed Assets 24,143
 NCUSIF Deposit 49,601
 All Other Assets 96,994
  TOTAL ASSETS 5,966,002
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 76,742
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 485,985
 Regular shares 4,669,670
 All Other Shares & Deposits 8,040
  TOTAL SHARES & DEPOSITS 5,163,695
  TOTAL LIABILITIES 5,240,437
 Regular Reserve 429,780
 Other Reserves -51,322
 Undivided Earnings 347,107
  TOTAL EQUITY 725,565
  TOTAL LIABILITIES, SHARES, & EQUITY 5,966,002
INCOME & EXPENSE  
 Loan Income 89,284
 Investment Income 18,649
 Other Income 13,017
 Total Employee Compensation & Benefits 55,634
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 96,365
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,130
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,254
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