Credit Unions Near Me
National Credit Union Service Organization

A.A.E.C. CREDIT UNION

Mar, 31, 2021 — A.A.E.C. CREDIT UNION is a federally insured state chartered credit union headquartered in Arlington Heigh, IL with 1 branch location and about $98.45 million in total assets. Opened 66 years ago in 1955, A.A.E.C. CREDIT UNION has about 4,005 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:A.A.E.C. CREDIT UNION
Address:
(Main Office)
1104 S Arlington Heights Rd
Arlington Heigh, IL 60005-3141
Phone:(847) 392-1922
Fax:(847) 392-1926
Website:http://www.aaeccu.com
Branches:1 branch locations
Members:4,005
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:60648
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1955
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$98,449,726
CEO/Manager:Jill Lindsay
Chairperson:Thomas Adam

Call Report

  • Overdraft Protection
  • Real Estate Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Insurance/Investment Sales
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 16,390,226
TOTAL INVESTMENTS 42,062,454
Loans Held for Sale 0
 
 Real Estate Loans 26,035,074
 Unsecured Loans 4,358,677
 Other Loans 7,625,266
 TOTAL LOANS 38,019,017
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -427,479
 Land And Building 1,018,634
 Other Fixed Assets 70,317
 NCUSIF Deposit 744,310
 All Other Assets 572,247
  TOTAL ASSETS 98,449,726
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 502,591
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 10,972,471
 Regular shares 75,474,525
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 86,446,996
  TOTAL LIABILITIES 86,949,587
 Regular Reserve 1,772,777
 Other Reserves -98,166
 Undivided Earnings 9,825,528
  TOTAL EQUITY 11,500,139
  TOTAL LIABILITIES, SHARES, & EQUITY 98,449,726
INCOME & EXPENSE  
 Loan Income 440,277
 Investment Income 143,707
 Other Income 14,770
 Total Employee Compensation & Benefits 236,953
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 115,356
 Non-operating Income & (Expense) 1,500
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 35,466
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 218,571
↑ Back to Top

Other Credit Unions

CHICAGO FAUCET FEDERAL CREDIT UNION
1481 Oxford Rd
DES PLAINES, IL 60018-1311
FEDERAL LIFE EMPLOYEES CREDIT UNION
3750 West Deerfield Road
RIVERWOODS, IL 60015-3557
C & NW PROVISO CREDIT UNION
301 W Lake St
NORTHLAKE, IL 60164
NORTHWEST MUNICIPAL FEDERAL CREDIT UNION
1420 Miner St, Room 405
DES PLAINES, IL 60016
GLENVIEW CREDIT UNION
1631 WAUKEGAN RD
GLENVIEW, IL 60025
ELCA FEDERAL CREDIT UNION
8765 W Higgins Rd, Suite 675
CHICAGO, IL 60631
METRO FEDERAL CREDIT UNION
2440 E Rand Rd
ARLINGTON HEIGH, IL 60004-5802
NORTHWEST COMMUNITY CREDIT UNION
8930 WAUKEGAN RD
MORTON GROVE, IL 60053
PARTNERSHIP FINANCIAL CREDIT UNION
5940 LINCOLN AVE
MORTON GROVE, IL 60053
LEYDEN CREDIT UNION
PO Box 236
FRANKLIN PARK, IL 60131