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CTA-74TH STREET DEPOT FEDERAL CREDIT UNION

Sep, 30, 2021 — CTA-74TH STREET DEPOT FEDERAL CREDIT UNION is a federal credit union headquartered in Chicago, IL with 1 branch location and about $9.42 million in total assets. Opened 83 years ago in 1939, CTA-74TH STREET DEPOT FEDERAL CREDIT UNION has about 682 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:682
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:$9,416,765
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 1,690,498
TOTAL INVESTMENTS 4,928,496
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 620,374
 Other Loans 2,022,298
 TOTAL LOANS 2,642,672
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -630,986
 Land And Building 607,204
 Other Fixed Assets 32,175
 NCUSIF Deposit 72,322
 All Other Assets 74,384
  TOTAL ASSETS 9,416,765
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 22,056
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 7,967,857
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 7,967,857
  TOTAL LIABILITIES 7,989,913
 Regular Reserve 162,867
 Other Reserves 0
 Undivided Earnings 1,263,985
  TOTAL EQUITY 1,426,852
  TOTAL LIABILITIES, SHARES, & EQUITY 9,416,765
INCOME & EXPENSE  
 Loan Income 158,185
 Investment Income 64,689
 Other Income 3,521
 Total Employee Compensation & Benefits 105,188
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 109,337
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 42,113
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 28,831
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