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UNIFIED HOMEOWNERS OF ILLINOIS FEDERAL CREDIT UNION

Jun, 30, 2021 — UNIFIED HOMEOWNERS OF ILLINOIS FEDERAL CREDIT UNION is a federal credit union headquartered in CHICAGO, IL with 1 branch location and about $571,386 in total assets. Opened 15 years ago in 2006, UNIFIED HOMEOWNERS OF ILLINOIS FEDERAL CREDIT UNION has about 300 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:300
Credit Union Type:Federal Credit Union
Charter Number:24767
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:2006
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$571,386
CEO/Manager:TERESA V ROSADO
Chairperson:Maribel Lopez

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 141,058
TOTAL INVESTMENTS 260,300
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 160,533
 Other Loans 0
 TOTAL LOANS 160,533
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -5,251
 Land And Building 0
 Other Fixed Assets 5,012
 NCUSIF Deposit 3,943
 All Other Assets 5,791
  TOTAL ASSETS 571,386
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 359,055
 All Other Shares & Deposits 51,143
  TOTAL SHARES & DEPOSITS 410,198
  TOTAL LIABILITIES 410,198
 Regular Reserve 2,220
 Other Reserves 0
 Undivided Earnings 158,968
  TOTAL EQUITY 161,188
  TOTAL LIABILITIES, SHARES, & EQUITY 571,386
INCOME & EXPENSE  
 Loan Income 11,092
 Investment Income 210
 Other Income 1,509
 Total Employee Compensation & Benefits 44,607
 NCUSIF Premiums Expense 97
 Total Other Operating Expenses 29,440
 Non-operating Income & (Expense) 19,475
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 761
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -23,166
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