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CTA-74TH STREET DEPOT FEDERAL CREDIT UNION

Mar, 31, 2022 — CTA-74TH STREET DEPOT FEDERAL CREDIT UNION is a federal credit union headquartered in CHICAGO, IL with 1 branch location and about $9.60 million in total assets. Opened 83 years ago in 1939, CTA-74TH STREET DEPOT FEDERAL CREDIT UNION has about 294 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.


ABA Routing Number: 271080891
Name:CTA-74TH STREET DEPOT FEDERAL CREDIT UNION
Address:
(Main Office)
10057 S Western Ave
CHICAGO, IL 60643-1925
Phone:(773) 476-4822
Fax:(773) 476-4273
Website:http://74thstdfcu.com
Branches:1 branch locations
Members:294
Credit Union Type:Federal Credit Union
Charter Number:2498
Membership Type:Service - Transportation
Corporate Credit Union:No
Year Opened:1939
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$9,604,583
CEO/Manager:MICHAEL D BOOTH
Chairperson:WILLE MEANS-JR

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,454,962
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 580,870
 Other Loans 1,972,472
 TOTAL LOANS 2,553,342
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -635,013
 Land And Building 599,410
 Other Fixed Assets 27,372
 NCUSIF Deposit 72,322
 All Other Assets 0
  TOTAL ASSETS 9,604,583
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 20,408
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 8,160,071
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 8,160,071
  TOTAL LIABILITIES 8,180,479
 Regular Reserve 0
 Other Reserves 162,867
 Undivided Earnings 1,261,237
  TOTAL EQUITY 1,424,104
  TOTAL LIABILITIES, SHARES, & EQUITY 9,604,583
INCOME & EXPENSE  
 Loan Income 60,664
 Investment Income 22,688
 Other Income 1,100
 Total Employee Compensation & Benefits 26,840
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 37,779
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 13,275
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 20,674
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