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 |
|---|---|
| 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 |
|---|---|
| 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 |
|---|---|
| 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 |
| ↑ Back to Top | |