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CHICAGO AVENUE GARAGE FEDERAL CREDIT UNION

Dec, 31, 2023 — CHICAGO AVENUE GARAGE FEDERAL CREDIT UNION is a federal credit union headquartered in CHICAGO, IL with 1 branch location and about $4.84 million in total assets. Opened 87 years ago in 1937, CHICAGO AVENUE GARAGE FEDERAL CREDIT UNION has about 557 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CHICAGO AVENUE GARAGE FEDERAL CREDIT UNION
Address:
(Main Office)
4909 W Division St Ste 403
CHICAGO, IL 60651-3161
Phone:(773) 626-1100
Fax:(773) 626-2210
Website:n/a
Branches:1 branch locations
Members:557
Credit Union Type:Federal Credit Union
Charter Number:2495
Membership Type:Service - Transportation
Corporate Credit Union:No
Year Opened:1937
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$4,841,375
CEO/Manager:Dorothy H McCalister
Chairperson:Booker Bolton

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 243,336
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 751,482
 Other Loans 0
 TOTAL LOANS 751,482
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -68,436
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 24,315
 All Other Assets 0
  TOTAL ASSETS 4,841,375
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 55,724
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,370,179
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,370,179
  TOTAL LIABILITIES 2,425,903
 Regular Reserve 0
 Other Reserves 623,183
 Undivided Earnings 1,792,289
  TOTAL EQUITY 2,415,472
  TOTAL LIABILITIES, SHARES, & EQUITY 4,841,375
INCOME & EXPENSE  
 Loan Income 109,281
 Investment Income 78,872
 Other Income 7,395
 Total Employee Compensation & Benefits 93,497
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 79,956
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 6,147
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 17,430
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