Dec, 31, 2023 — HERSHEY ROBINSON EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in ROBINSON, IL with 1 branch location and about $2.99 million in total assets. Opened 51 years ago in 1973, HERSHEY ROBINSON EMPLOYEES CREDIT UNION has about 681 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HERSHEY ROBINSON EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 1401 W Main St ROBINSON, IL 62454-1263 |
| Phone: | (618) 544-3111 |
| Fax: | (618) 544-3329 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 681 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61518 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1973 |
| Last Audited: | May 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,987,033 |
| CEO/Manager: | Glenda Fulling |
| Chairperson: | Scott Chapman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 677,134 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 263,287 |
| Other Loans | 1,951,331 |
| TOTAL LOANS | 2,214,618 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -44,451 |
| Land And Building | 0 |
| Other Fixed Assets | 5,658 |
| NCUSIF Deposit | 27,563 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,987,033 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,585 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,158,157 |
| All Other Shares & Deposits | 106,662 |
| TOTAL SHARES & DEPOSITS | 2,264,819 |
| TOTAL LIABILITIES | 2,267,404 |
| Regular Reserve | 0 |
| Other Reserves | 176,354 |
| Undivided Earnings | 543,275 |
| TOTAL EQUITY | 719,629 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,987,033 |
| INCOME & EXPENSE | |
| Loan Income | 127,662 |
| Investment Income | 16,521 |
| Other Income | 3,768 |
| Total Employee Compensation & Benefits | 37,794 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 59,540 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 17,935 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 32,682 |
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