Sep, 30, 2025 — LINCOLN PARK COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in LINCOLN PARK, MI with 1 branch location and about $60.95 million in total assets. Opened 90 years ago in 1936, LINCOLN PARK COMMUNITY CREDIT UNION has about 3,068 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LINCOLN PARK COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 1400 Emmons Blvd LINCOLN PARK, MI 48146-3836 |
| Phone: | (313) 389-2300 |
| Fax: | (313) 928-9611 |
| Website: | https://www.lpccu.coop |
| Branches: | 1 branch locations |
| Members: | 3,068 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61701 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Jul 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $60,948,758 |
| CEO/Manager: | Crystal L Hennig |
| Chairperson: | Thomas E Karnes |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,285,959 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,290,850 |
| Unsecured Loans | 1,896,785 |
| Other Loans | 2,877,427 |
| TOTAL LOANS | 9,065,063 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -69,856 |
| Land And Building | 360,393 |
| Other Fixed Assets | 69,156 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 535,408 |
| All Other Assets | 0 |
| TOTAL ASSETS | 60,948,758 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 130,000 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,553,668 |
| Regular shares | 15,125,324 |
| All Other Shares & Deposits | 28,524,574 |
| TOTAL SHARES & DEPOSITS | 53,203,566 |
| TOTAL LIABILITIES | 53,333,566 |
| Regular Reserve | 0 |
| Other Reserves | -3,486,154 |
| Undivided Earnings | 11,101,346 |
| TOTAL EQUITY | 7,615,192 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 60,948,758 |
| INCOME & EXPENSE | |
| Loan Income | 369,357 |
| Investment Income | 1,222,960 |
| Other Income | 125,427 |
| Total Employee Compensation & Benefits | 426,706 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 735,221 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 316,885 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 401,000 |
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