Sep, 30, 2025 — PLANITES CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 1 branch location and about $38.98 million in total assets. Opened 71 years ago in 1955, PLANITES CREDIT UNION has about 4,019 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PLANITES CREDIT UNION |
|---|---|
| Address: (Main Office) | 300 E Randolph ST CHICAGO, IL 60601-5014 |
| Phone: | (312) 653-6371 |
| Fax: | (312) 616-3728 |
| Website: | https://www.planites.org |
| Branches: | 1 branch locations |
| Members: | 4,019 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61643 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $38,981,635 |
| CEO/Manager: | Danny C Valkanos |
| Chairperson: | James Burda |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 725,222 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 9,150,297 |
| Unsecured Loans | 3,766,582 |
| Other Loans | 5,045,435 |
| TOTAL LOANS | 17,962,314 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -154,586 |
| Land And Building | 0 |
| Other Fixed Assets | 37,587 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 304,661 |
| All Other Assets | 0 |
| TOTAL ASSETS | 38,981,635 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 61 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 214,695 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,405,897 |
| Regular shares | 16,563,384 |
| All Other Shares & Deposits | 15,434,725 |
| TOTAL SHARES & DEPOSITS | 34,404,006 |
| TOTAL LIABILITIES | 34,618,762 |
| Regular Reserve | 0 |
| Other Reserves | 251,072 |
| Undivided Earnings | 4,111,801 |
| TOTAL EQUITY | 4,362,873 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 38,981,635 |
| INCOME & EXPENSE | |
| Loan Income | 842,839 |
| Investment Income | 579,128 |
| Other Income | 223,364 |
| Total Employee Compensation & Benefits | 461,655 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 444,806 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 64,000 |
| Cost of Funds | 513,976 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 160,894 |
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