Dec, 31, 2023 — ALTONIZED COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in ALTON, IL with 2 branch locations and about $48.79 million in total assets. Opened 85 years ago in 1939, ALTONIZED COMMUNITY FEDERAL CREDIT UNION has about 5,672 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ALTONIZED COMMUNITY FEDERAL CREDIT UNION |
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Address: (Main Office) | 4435 ALBY ST ALTON, IL 62002-5916 |
Phone: | (800) 421-4759 |
Fax: | (618) 466-3871 |
Website: | https://altonizedfcu.org |
Branches: | 2 branch locations |
Members: | 5,672 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 3316 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1939 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $48,791,867 |
CEO/Manager: | JENNIFER A SPANGLER |
Chairperson: | THOMAS P SKELTON |
ASSETS: | $ Amount |
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Cash & Equivalents | 10,202,169 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,192,163 |
Unsecured Loans | 3,538,764 |
Other Loans | 15,772,421 |
TOTAL LOANS | 20,503,348 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -165,440 |
Land And Building | 921,743 |
Other Fixed Assets | 11,358 |
NCUSIF Deposit | 467,462 |
All Other Assets | 0 |
TOTAL ASSETS | 48,791,867 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 313,932 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 14,651,064 |
Regular shares | 26,366,286 |
All Other Shares & Deposits | 5,202,350 |
TOTAL SHARES & DEPOSITS | 46,219,701 |
TOTAL LIABILITIES | 46,533,633 |
Regular Reserve | 0 |
Other Reserves | -1,732,130 |
Undivided Earnings | 3,990,364 |
TOTAL EQUITY | 2,258,234 |
TOTAL LIABILITIES, SHARES, & EQUITY | 48,791,867 |
INCOME & EXPENSE | |
Loan Income | 1,137,390 |
Investment Income | 453,143 |
Other Income | 533,966 |
Total Employee Compensation & Benefits | 707,497 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 935,707 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 81,000 |
Cost of Funds | 114,452 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 354,870 |
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» See also Statement of Financial Condition