Sep, 30, 2022 — ETHICON SUTURE CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 1 branch location and about $1.56 million in total assets. Opened 71 years ago in 1952, ETHICON SUTURE CREDIT UNION has about 501 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ETHICON SUTURE CREDIT UNION |
|---|---|
| Address: (Main Office) | 5235 w 65th St Unit C CHICAGO, IL 60638-5700 |
| Phone: | (708) 728-0225 |
| Fax: | (708) 594-3430 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 501 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61448 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,562,233 |
| CEO/Manager: | Cynthia Walley |
| Chairperson: | Janette Ayala |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 724,744 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 440,855 |
| Other Loans | 379,324 |
| TOTAL LOANS | 820,179 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,472 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 13,551 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,562,233 |
| 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 | 1,001,153 |
| All Other Shares & Deposits | 442,270 |
| TOTAL SHARES & DEPOSITS | 1,443,423 |
| TOTAL LIABILITIES | 1,443,423 |
| Regular Reserve | 0 |
| Other Reserves | 48,600 |
| Undivided Earnings | 70,210 |
| TOTAL EQUITY | 118,810 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,562,233 |
| INCOME & EXPENSE | |
| Loan Income | 36,322 |
| Investment Income | 1,491 |
| Other Income | 5,549 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 34,703 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,230 |
| Cost of Funds | 3,595 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,834 |
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