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ST. MARK CREDIT UNION

Dec, 31, 2023 — ST. MARK CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 1 branch location and about $535,137 in total assets. Opened 70 years ago in 1954, ST. MARK CREDIT UNION has about 188 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ST. MARK CREDIT UNION
Address:
(Main Office)
8441 S Saint Lawrence Ave
CHICAGO, IL 60619-6022
Phone:(773) 846-4433
Fax:
Website:https://st.markcu.org
Branches:1 branch locations
Members:188
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61566
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1954
Last Audited:Apr 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$535,137
CEO/Manager:Cliftena Kirkling
Chairperson:Margaret LaPorte

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 190,245
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 33,155
 Other Loans 58,992
 TOTAL LOANS 92,147
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -9,899
 Land And Building 0
 Other Fixed Assets 8,800
 NCUSIF Deposit 4,028
 All Other Assets 0
  TOTAL ASSETS 535,137
LIABILITIES & CAPITAL:  
 Dividends Payable 399
 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 375,112
 All Other Shares & Deposits 59,534
  TOTAL SHARES & DEPOSITS 434,646
  TOTAL LIABILITIES 435,045
 Regular Reserve 0
 Other Reserves 35,295
 Undivided Earnings 64,797
  TOTAL EQUITY 100,092
  TOTAL LIABILITIES, SHARES, & EQUITY 535,137
INCOME & EXPENSE  
 Loan Income 3,638
 Investment Income 462
 Other Income 2,038
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 15,700
 Non-operating Income & (Expense) 8,938
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 482
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -1,106
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