Credit Unions Near Me
National Credit Union Service Organization

A.A.E.C. CREDIT UNION

Jun, 30, 2023 — A.A.E.C. CREDIT UNION is a federally insured state chartered credit union headquartered in ARLINGTON HEIGHTS, IL with 1 branch location and about $102.18 million in total assets. Opened 69 years ago in 1955, A.A.E.C. CREDIT UNION has about 4,071 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:A.A.E.C. CREDIT UNION
Address:
(Main Office)
1104 S Arlington Heights Rd
ARLINGTON HEIGHTS, IL 60005-3141
Phone:(847) 392-1922
Fax:(847) 392-1926
Website:https://www.aaeccu.com
Branches:1 branch locations
Members:4,071
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, 2022
FHLB Member:No
Low Income Designation:No
Assets:$102,183,476
CEO/Manager:Jill Lindsay
Chairperson:Thomas Adam

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 7,657,697
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 27,984,065
 Unsecured Loans 3,621,655
 Other Loans 8,371,768
 TOTAL LOANS 39,977,488
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -414,139
 Land And Building 989,810
 Other Fixed Assets 56,050
 NCUSIF Deposit 856,933
 All Other Assets 0
  TOTAL ASSETS 102,183,476
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 870,006
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 10,659,074
 Regular shares 77,673,191
 All Other Shares & Deposits 286,993
  TOTAL SHARES & DEPOSITS 88,619,258
  TOTAL LIABILITIES 89,489,264
 Regular Reserve 0
 Other Reserves 1,610,986
 Undivided Earnings 11,083,226
  TOTAL EQUITY 12,694,212
  TOTAL LIABILITIES, SHARES, & EQUITY 102,183,476
INCOME & EXPENSE  
 Loan Income 1,310,330
 Investment Income 408,960
 Other Income 43,351
 Total Employee Compensation & Benefits 712,454
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 411,648
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 152,992
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 597,544
↑ 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 Deerfield Rd
RIVERWOODS, IL 60015-3565
C & NW PROVISO CREDIT UNION
301 W Lake St
NORTHLAKE, IL 60164
NORTHWEST MUNICIPAL FEDERAL CREDIT UNION
1420 Miner St
DES PLAINES, IL 60016
GLENVIEW CREDIT UNION
1631 WAUKEGAN RD
GLENVIEW, IL 60025
ELCA FEDERAL CREDIT UNION
8765 W Higgins Rd
CHICAGO, IL 60631
METRO FEDERAL CREDIT UNION
2440 E Rand Rd
ARLINGTON HEIGHTS, 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

— The information found on this website is provided “AS IS”. We do not verify or guarantee its accuracy or validity. Please contact the credit union directly for any specific questions you may have regarding services and/or features. Visit NCUA.gov or MyCreditUnion.gov for more information regarding credit unions.