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ETHICON SUTURE CREDIT UNION

Jun, 30, 2021 — ETHICON SUTURE CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 1 branch location and about $1.39 million in total assets. Opened 69 years ago in 1952, ETHICON SUTURE CREDIT UNION has about 516 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:516
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$1,385,335
CEO/Manager:Cynthia Walley
Chairperson:Janette Ayala

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 638,007
TOTAL INVESTMENTS 51,667
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 411,687
 Other Loans 263,960
 TOTAL LOANS 675,647
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -5,415
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 11,303
 All Other Assets 14,126
  TOTAL ASSETS 1,385,335
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 906,016
 All Other Shares & Deposits 364,884
  TOTAL SHARES & DEPOSITS 1,270,900
  TOTAL LIABILITIES 1,270,900
 Regular Reserve 48,600
 Other Reserves 0
 Undivided Earnings 65,835
  TOTAL EQUITY 114,435
  TOTAL LIABILITIES, SHARES, & EQUITY 1,385,335
INCOME & EXPENSE  
 Loan Income 21,146
 Investment Income 90
 Other Income 4,016
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 21,994
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 300
 Cost of Funds 2,667
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 291
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