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COLLEGE AND UNIVERSITY CREDIT UNION

Sep, 30, 2022 — COLLEGE AND UNIVERSITY CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 1 branch location and about $1.23 million in total assets. Opened 56 years ago in 1967, COLLEGE AND UNIVERSITY CREDIT UNION has about 357 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:https://cucu1600.com
Branches:1 branch locations
Members:357
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$1,231,484
CEO/Manager:Kevin Barrett
Chairperson:Anthony Johnston

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 477,627
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 152,446
 Other Loans 64,878
 TOTAL LOANS 217,324
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -4,558
 Land And Building 0
 Other Fixed Assets 512
 NCUSIF Deposit 11,171
 All Other Assets 0
  TOTAL ASSETS 1,231,484
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,650
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,106,880
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,106,880
  TOTAL LIABILITIES 1,108,530
 Regular Reserve 0
 Other Reserves 34,464
 Undivided Earnings 88,490
  TOTAL EQUITY 122,954
  TOTAL LIABILITIES, SHARES, & EQUITY 1,231,484
INCOME & EXPENSE  
 Loan Income 14,609
 Investment Income 6,660
 Other Income 0
 Total Employee Compensation & Benefits 14,850
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 8,483
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 562
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -92
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