Sep, 30, 2025 — SHERWIN WILLIAMS EMP. CREDIT UNION is a federally insured state chartered credit union headquartered in SOUTH HOLLAND, IL with 1 branch location and about $41.19 million in total assets. Opened 90 years ago in 1936, SHERWIN WILLIAMS EMP. CREDIT UNION has about 3,117 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: | SHERWIN WILLIAMS EMP. CREDIT UNION |
|---|---|
| Address: (Main Office) | 16230 Prince Dr SOUTH HOLLAND, IL 60473-3233 |
| Phone: | (708) 333-0900 |
| Fax: | (708) 333-0988 |
| Website: | https://www.swcu.org |
| Branches: | 1 branch locations |
| Members: | 3,117 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61368 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $41,194,531 |
| CEO/Manager: | Peter Tzortzakis |
| Chairperson: | Jerry Brooms |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,629,494 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,595,633 |
| Unsecured Loans | 1,326,735 |
| Other Loans | 11,334,253 |
| TOTAL LOANS | 15,256,620 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -344,747 |
| Land And Building | 246,721 |
| Other Fixed Assets | 70,789 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 339,011 |
| All Other Assets | 0 |
| TOTAL ASSETS | 41,194,531 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 26,438 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 135,052 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,738,713 |
| Regular shares | 17,790,373 |
| All Other Shares & Deposits | 14,068,246 |
| TOTAL SHARES & DEPOSITS | 37,597,333 |
| TOTAL LIABILITIES | 37,758,823 |
| Regular Reserve | 0 |
| Other Reserves | -1,657,253 |
| Undivided Earnings | 5,092,961 |
| TOTAL EQUITY | 3,435,708 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 41,194,531 |
| INCOME & EXPENSE | |
| Loan Income | 753,958 |
| Investment Income | 531,773 |
| Other Income | 161,657 |
| Total Employee Compensation & Benefits | 439,302 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 598,982 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 72,902 |
| Cost of Funds | 349,532 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 116,558 |
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