Jun, 30, 2024 — CTA-74TH STREET DEPOT FEDERAL CREDIT UNION is a federal credit union headquartered in CHICAGO, IL with 1 branch location and about $9.44 million in total assets. Opened 86 years ago in 1939, CTA-74TH STREET DEPOT FEDERAL CREDIT UNION has about 668 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CTA-74TH STREET DEPOT FEDERAL CREDIT UNION |
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Address: (Main Office) | 10057 S Western Ave CHICAGO, IL 60643-1925 |
Phone: | (773) 476-4822 |
Fax: | (773) 476-4273 |
Website: | https://74thstdfcu.com |
Branches: | 1 branch locations |
Members: | 668 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 2498 |
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Membership Type: | Service - Transportation |
Corporate Credit Union: | No |
Year Opened: | 1939 |
Last Audited: | Sep 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $9,442,551 |
CEO/Manager: | MICHAEL D BOOTH |
Chairperson: | WILLE MEANS-JR |
ASSETS: | $ Amount |
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Cash & Equivalents | 497,609 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 563,191 |
Other Loans | 2,006,490 |
TOTAL LOANS | 2,569,681 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -615,548 |
Land And Building | 669,785 |
Other Fixed Assets | 27,293 |
NCUSIF Deposit | 74,283 |
All Other Assets | 0 |
TOTAL ASSETS | 9,442,551 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 20,254 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 7,989,861 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 7,989,861 |
TOTAL LIABILITIES | 8,010,115 |
Regular Reserve | 0 |
Other Reserves | 162,867 |
Undivided Earnings | 1,269,569 |
TOTAL EQUITY | 1,432,436 |
TOTAL LIABILITIES, SHARES, & EQUITY | 9,442,551 |
INCOME & EXPENSE | |
Loan Income | 209,624 |
Investment Income | 67,350 |
Other Income | 3,001 |
Total Employee Compensation & Benefits | 82,324 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 143,807 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 42,469 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 29,007 |
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