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CTA-74TH STREET DEPOT FEDERAL CREDIT UNION

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.


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:https://74thstdfcu.com
Branches:1 branch locations
Members:668
Credit Union Type:Federal Credit Union
Charter Number:2498
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

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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