Sep, 30, 2025 — MOLINE MUNICIPAL CREDIT UNION is a federally insured state chartered credit union headquartered in MOLINE, IL with 2 branch locations and about $63.37 million in total assets. Opened 90 years ago in 1936, MOLINE MUNICIPAL CREDIT UNION has about 2,901 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MOLINE MUNICIPAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3401 16th St MOLINE, IL 61265-6080 |
| Phone: | (309) 797-2185 |
| Fax: | (309) 797-0511 |
| Website: | https://www.molinecu.org |
| Branches: | 2 branch locations |
| Members: | 2,901 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60186 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $63,368,944 |
| CEO/Manager: | Connie Adkison |
| Chairperson: | Brian Vyncke |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 15,588,882 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 19,895,855 |
| Unsecured Loans | 3,931,389 |
| Other Loans | 17,472,745 |
| TOTAL LOANS | 41,299,989 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -255,880 |
| Land And Building | 1,069,116 |
| Other Fixed Assets | 258,161 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 420,827 |
| All Other Assets | 88,457 |
| TOTAL ASSETS | 63,368,944 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 38,707 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 122,392 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,576,625 |
| Regular shares | 24,787,798 |
| All Other Shares & Deposits | 22,889,131 |
| TOTAL SHARES & DEPOSITS | 54,253,554 |
| TOTAL LIABILITIES | 54,414,653 |
| Regular Reserve | 0 |
| Other Reserves | 1,230,740 |
| Undivided Earnings | 7,723,551 |
| TOTAL EQUITY | 8,954,291 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 63,368,944 |
| INCOME & EXPENSE | |
| Loan Income | 1,768,028 |
| Investment Income | 375,336 |
| Other Income | 154,888 |
| Total Employee Compensation & Benefits | 668,928 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 602,099 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 646,187 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 522,318 |
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