Sep, 30, 2025 — KONE EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in MOLINE, IL with 1 branch location and about $21.12 million in total assets. Opened 73 years ago in 1953, KONE EMPLOYEES CREDIT UNION has about 1,726 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | KONE EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 4502 27th St Ste K MOLINE, IL 61265 |
| Phone: | (309) 736-6461 |
| Fax: | (309) 757-0037 |
| Website: | https://www.konecu.com |
| Branches: | 1 branch locations |
| Members: | 1,726 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60855 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $21,118,340 |
| CEO/Manager: | Bryce S Kildow |
| Chairperson: | Terry Thomasson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,496,355 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 2,163,893 |
| Other Loans | 8,243,226 |
| TOTAL LOANS | 10,407,119 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -200,998 |
| Land And Building | 0 |
| Other Fixed Assets | 8,823 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 159,658 |
| All Other Assets | 0 |
| TOTAL ASSETS | 21,118,340 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 34,155 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,758,987 |
| Regular shares | 9,307,652 |
| All Other Shares & Deposits | 5,690,925 |
| TOTAL SHARES & DEPOSITS | 17,757,564 |
| TOTAL LIABILITIES | 17,791,719 |
| Regular Reserve | 0 |
| Other Reserves | 412,401 |
| Undivided Earnings | 2,914,220 |
| TOTAL EQUITY | 3,326,621 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 21,118,340 |
| INCOME & EXPENSE | |
| Loan Income | 571,602 |
| Investment Income | 178,883 |
| Other Income | 22,440 |
| Total Employee Compensation & Benefits | 219,655 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 301,080 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 179,528 |
| Cost of Funds | 85,776 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 62,173 |
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