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UNIFIED HOMEOWNERS OF ILLINOIS FEDERAL CREDIT UNION

Dec, 31, 2021 — UNIFIED HOMEOWNERS OF ILLINOIS FEDERAL CREDIT UNION is a federal credit union headquartered in CHICAGO, IL with 1 branch location and about $774,517 in total assets. Opened 16 years ago in 2006, UNIFIED HOMEOWNERS OF ILLINOIS FEDERAL CREDIT UNION has about 302 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:UNIFIED HOMEOWNERS OF ILLINOIS FEDERAL CREDIT UNION
Address:
(Main Office)
4464 N Milwaukee Ave
CHICAGO, IL 60630
Phone:(773) 283-9340
Fax:(773) 282-4163
Website:http://www.uhifcu.virtualcu.net
Branches:1 branch locations
Members:302
Credit Union Type:Federal Credit Union
Charter Number:24767
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:2006
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$774,517
CEO/Manager:TERESA V ROSADO
Chairperson:Maribel Lopez

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 324,038
TOTAL INVESTMENTS 260,000
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 185,585
 Other Loans 0
 TOTAL LOANS 185,585
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -5,251
 Land And Building 0
 Other Fixed Assets 3,871
 NCUSIF Deposit 3,642
 All Other Assets 2,632
  TOTAL ASSETS 774,517
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 209,798
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 358,636
 All Other Shares & Deposits 45,432
  TOTAL SHARES & DEPOSITS 404,068
  TOTAL LIABILITIES 613,866
 Regular Reserve 2,220
 Other Reserves 0
 Undivided Earnings 158,431
  TOTAL EQUITY 160,651
  TOTAL LIABILITIES, SHARES, & EQUITY 774,517
INCOME & EXPENSE  
 Loan Income 20,902
 Investment Income 2,444
 Other Income 3,788
 Total Employee Compensation & Benefits 91,504
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 55,702
 Non-operating Income & (Expense) 8,900
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,614
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -23,704
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