Mar, 31, 2021 — ETHICON SUTURE CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 1 branch location and about $1.32 million in total assets. Opened 69 years ago in 1952, ETHICON SUTURE CREDIT UNION has about 478 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: | 478 |
| 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: | Mar 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,318,218 |
| CEO/Manager: | Cynthia Walley |
| Chairperson: | Janette Ayala |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 606,889 |
| TOTAL INVESTMENTS | 51,667 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 426,922 |
| Other Loans | 218,971 |
| TOTAL LOANS | 645,893 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,018 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 10,456 |
| All Other Assets | 11,331 |
| TOTAL ASSETS | 1,318,218 |
| 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 | 858,007 |
| All Other Shares & Deposits | 343,667 |
| TOTAL SHARES & DEPOSITS | 1,201,674 |
| TOTAL LIABILITIES | 1,201,674 |
| Regular Reserve | 48,600 |
| Other Reserves | 0 |
| Undivided Earnings | 67,944 |
| TOTAL EQUITY | 116,544 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,318,218 |
| INCOME & EXPENSE | |
| Loan Income | 10,957 |
| Investment Income | 35 |
| Other Income | 541 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 10,723 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 300 |
| Cost of Funds | 235 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,400 |
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