Sep, 30, 2025 — TEE-PAK CREDIT UNION is a federally insured state chartered credit union headquartered in DANVILLE, IL with 1 branch location and about $23.48 million in total assets. Opened 77 years ago in 1949, TEE-PAK CREDIT UNION has about 2,328 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TEE-PAK CREDIT UNION |
|---|---|
| Address: (Main Office) | 3591 N Vermilion St DANVILLE, IL 61832-1337 |
| Phone: | (217) 477-4428 |
| Fax: | |
| Website: | https://www.teepakcu.com |
| Branches: | 1 branch locations |
| Members: | 2,328 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60390 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $23,475,153 |
| CEO/Manager: | McKenna Hughes |
| Chairperson: | Troy Pearson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,536,953 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 822,340 |
| Unsecured Loans | 1,432,009 |
| Other Loans | 9,737,031 |
| TOTAL LOANS | 11,991,380 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -134,734 |
| Land And Building | 565,330 |
| Other Fixed Assets | 71,458 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 216,334 |
| All Other Assets | 0 |
| TOTAL ASSETS | 23,475,153 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 231,563 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,053,854 |
| Regular shares | 11,751,273 |
| All Other Shares & Deposits | 3,573,342 |
| TOTAL SHARES & DEPOSITS | 19,378,470 |
| TOTAL LIABILITIES | 19,610,033 |
| Regular Reserve | 0 |
| Other Reserves | 877,130 |
| Undivided Earnings | 2,987,990 |
| TOTAL EQUITY | 3,865,120 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 23,475,153 |
| INCOME & EXPENSE | |
| Loan Income | 642,994 |
| Investment Income | 247,300 |
| Other Income | 202,619 |
| Total Employee Compensation & Benefits | 292,525 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 537,791 |
| Non-operating Income & (Expense) | 13,654 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 88,738 |
| Cost of Funds | 69,218 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 139,252 |
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