Jun, 30, 2024 — CHICAGO FIREMANS ASSOC CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 1 branch location and about $21.12 million in total assets. Opened 86 years ago in 1938, CHICAGO FIREMANS ASSOC CREDIT UNION has about 2,987 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CHICAGO FIREMANS ASSOC CREDIT UNION |
|---|---|
| Address: (Main Office) | 2453 S Archer Ave CHICAGO, IL 60616-2169 |
| Phone: | (312) 791-0834 |
| Fax: | (312) 791-1712 |
| Website: | https://chicagofiremansacu.org |
| Branches: | 1 branch locations |
| Members: | 2,987 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60175 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $21,122,440 |
| CEO/Manager: | Tina R Mednis |
| Chairperson: | Michelle Jaskulski |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 765,592 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 617,054 |
| Unsecured Loans | 5,966,074 |
| Other Loans | 3,927,733 |
| TOTAL LOANS | 10,510,861 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -78,770 |
| Land And Building | 0 |
| Other Fixed Assets | 31,383 |
| NCUSIF Deposit | 183,329 |
| All Other Assets | 0 |
| TOTAL ASSETS | 21,122,440 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 44,854 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 9,666 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 18,323,778 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 18,323,778 |
| TOTAL LIABILITIES | 18,378,298 |
| Regular Reserve | 0 |
| Other Reserves | 2,756,183 |
| Undivided Earnings | -12,041 |
| TOTAL EQUITY | 2,744,142 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 21,122,440 |
| INCOME & EXPENSE | |
| Loan Income | 458,640 |
| Investment Income | 37,392 |
| Other Income | 12,617 |
| Total Employee Compensation & Benefits | 250,124 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 196,185 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 74,931 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -12,091 |
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