Dec, 31, 2023 — CHICAGO FIREFIGHTER'S CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 1 branch location and about $74.36 million in total assets. Opened 87 years ago in 1937, CHICAGO FIREFIGHTER'S CREDIT UNION has about 6,037 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CHICAGO FIREFIGHTER'S CREDIT UNION |
|---|---|
| Address: (Main Office) | 6230 S Central Ave CHICAGO, IL 60638 |
| Phone: | (773) 581-5253 |
| Fax: | (773) 581-5712 |
| Website: | https://chicagofirefighterscu.com |
| Branches: | 1 branch locations |
| Members: | 6,037 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61209 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Nov 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $74,356,983 |
| CEO/Manager: | Gloria L Hnojsky |
| Chairperson: | Michael V Dudak |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,544,369 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,433,628 |
| Unsecured Loans | 12,988,144 |
| Other Loans | 35,612,797 |
| TOTAL LOANS | 52,034,569 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -223,491 |
| Land And Building | 905,717 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 638,850 |
| All Other Assets | 0 |
| TOTAL ASSETS | 74,356,983 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 29,378 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,077,684 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,048,049 |
| Regular shares | 54,276,456 |
| All Other Shares & Deposits | 4,996,150 |
| TOTAL SHARES & DEPOSITS | 62,320,655 |
| TOTAL LIABILITIES | 63,427,717 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 10,929,266 |
| TOTAL EQUITY | 10,929,266 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 74,356,983 |
| INCOME & EXPENSE | |
| Loan Income | 2,434,059 |
| Investment Income | 1,034,545 |
| Other Income | 37,166 |
| Total Employee Compensation & Benefits | 817,247 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 848,954 |
| Non-operating Income & (Expense) | 84,495 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 227,150 |
| Cost of Funds | 1,040,749 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 824,095 |
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