Sep, 30, 2025 — ELCA FEDERAL CREDIT UNION is a federal credit union headquartered in CHICAGO, IL with 1 branch location and about $25.65 million in total assets. Opened 11 years ago in 2015, ELCA FEDERAL CREDIT UNION has about 2,381 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ELCA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 8765 W Higgins Rd CHICAGO, IL 60631 |
| Phone: | (877) 715-1111 |
| Fax: | |
| Website: | https://www.elcafcu.org |
| Branches: | 1 branch locations |
| Members: | 2,381 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24866 |
|---|---|
| Membership Type: | Associational - Religious, other than those designated 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 2015 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $25,646,259 |
| CEO/Manager: | Luis Reyes |
| Chairperson: | Eva Roby |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 9,553,397 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 5,769,553 |
| Unsecured Loans | 2,125,115 |
| Other Loans | 4,480,775 |
| TOTAL LOANS | 12,375,443 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -97,870 |
| Land And Building | 0 |
| Other Fixed Assets | 34,661 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 124,327 |
| All Other Assets | 0 |
| TOTAL ASSETS | 25,646,259 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 196,162 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 11,467,247 |
| Regular shares | 9,345,877 |
| All Other Shares & Deposits | 1,413,099 |
| TOTAL SHARES & DEPOSITS | 22,226,223 |
| TOTAL LIABILITIES | 22,422,385 |
| Regular Reserve | 0 |
| Other Reserves | -4,544 |
| Undivided Earnings | 3,228,418 |
| TOTAL EQUITY | 3,223,874 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 25,646,259 |
| INCOME & EXPENSE | |
| Loan Income | 586,935 |
| Investment Income | 450,257 |
| Other Income | 120,579 |
| Total Employee Compensation & Benefits | 413,690 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 528,643 |
| Non-operating Income & (Expense) | 125,625 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 12,000 |
| Cost of Funds | 338,958 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -9,895 |
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