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 |
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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 |
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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 |
ASSETS: | $ Amount |
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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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