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COLLEGE AND UNIVERSITY CREDIT UNION

Dec, 31, 2021 — COLLEGE AND UNIVERSITY CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 1 branch location and about $1.24 million in total assets. Opened 55 years ago in 1967, COLLEGE AND UNIVERSITY CREDIT UNION has about 339 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:COLLEGE AND UNIVERSITY CREDIT UNION
Address:
(Main Office)
1901 W Carroll Ave Ste 200
CHICAGO, IL 60612-2401
Phone:(312) 614-4393
Fax:
Website:http://cucu1600.com
Branches:1 branch locations
Members:339
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:60688
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1967
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$1,240,147
CEO/Manager:Kevin Barrett
Chairperson:Anthony Johnston

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 683,166
TOTAL INVESTMENTS 300,001
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 152,571
 Other Loans 93,246
 TOTAL LOANS 245,817
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -3,775
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 10,542
 All Other Assets 4,396
  TOTAL ASSETS 1,240,147
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,117,100
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,117,100
  TOTAL LIABILITIES 1,117,100
 Regular Reserve 34,465
 Other Reserves 0
 Undivided Earnings 88,582
  TOTAL EQUITY 123,047
  TOTAL LIABILITIES, SHARES, & EQUITY 1,240,147
INCOME & EXPENSE  
 Loan Income 22,136
 Investment Income 6,546
 Other Income 1,026
 Total Employee Compensation & Benefits 19,800
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 11,510
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 521
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 8,142
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