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ETHICON SUTURE CREDIT UNION

Dec, 31, 2021 — ETHICON SUTURE CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 1 branch location and about $1.47 million in total assets. Opened 70 years ago in 1952, ETHICON SUTURE CREDIT UNION has about 480 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:480
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:$1,471,041
CEO/Manager:Cynthia Walley
Chairperson:Janette Ayala

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 698,728
TOTAL INVESTMENTS 51,667
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 444,638
 Other Loans 261,980
 TOTAL LOANS 706,618
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -7,123
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 11,303
 All Other Assets 9,848
  TOTAL ASSETS 1,471,041
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 979,334
 All Other Shares & Deposits 375,732
  TOTAL SHARES & DEPOSITS 1,355,066
  TOTAL LIABILITIES 1,355,066
 Regular Reserve 48,600
 Other Reserves 0
 Undivided Earnings 67,375
  TOTAL EQUITY 115,975
  TOTAL LIABILITIES, SHARES, & EQUITY 1,471,041
INCOME & EXPENSE  
 Loan Income 42,861
 Investment Income 563
 Other Income 14,754
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 46,706
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 3,480
 Cost of Funds 6,161
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,831
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