Dec, 31, 2023 — ETHICON SUTURE CREDIT UNION is a federally insured state chartered credit union headquartered in OAK PARK, IL with 1 branch location and about $1.34 million in total assets. Opened 72 years ago in 1952, ETHICON SUTURE CREDIT UNION has about 490 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ETHICON SUTURE CREDIT UNION |
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Address: (Main Office) | 549 Madison St OAK PARK, IL 60302-4421 |
Phone: | (708) 728-0225 |
Fax: | |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 490 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 61448 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1952 |
Last Audited: | Dec 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,341,302 |
CEO/Manager: | Cynthia Walley |
Chairperson: | Janette Ayala |
ASSETS: | $ Amount |
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Cash & Equivalents | 464,731 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 415,326 |
Other Loans | 450,656 |
TOTAL LOANS | 865,982 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -13,700 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 14,042 |
All Other Assets | 0 |
TOTAL ASSETS | 1,341,302 |
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 | 958,028 |
All Other Shares & Deposits | 254,353 |
TOTAL SHARES & DEPOSITS | 1,212,381 |
TOTAL LIABILITIES | 1,212,381 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 128,921 |
TOTAL EQUITY | 128,921 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,341,302 |
INCOME & EXPENSE | |
Loan Income | 51,212 |
Investment Income | 12,402 |
Other Income | 5,382 |
Total Employee Compensation & Benefits | 0 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 50,371 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,160 |
Cost of Funds | 6,575 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 8,890 |
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» See also Statement of Financial Condition