Sep, 30, 2025 — MAROON FINANCIAL CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 1 branch location and about $52.43 million in total assets. Opened 69 years ago in 1957, MAROON FINANCIAL CREDIT UNION has about 7,013 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MAROON FINANCIAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 5525 S Ellis Ave Ste C CHICAGO, IL 60637 |
| Phone: | (773) 702-7179 |
| Fax: | (773) 702-2903 |
| Website: | https://www.maroonfinancial.org |
| Branches: | 1 branch locations |
| Members: | 7,013 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62497 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $52,429,980 |
| CEO/Manager: | Scott Muniz |
| Chairperson: | Henry Way |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 7,830,130 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 21,510,196 |
| Unsecured Loans | 3,411,491 |
| Other Loans | 5,654,131 |
| TOTAL LOANS | 30,575,818 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -281,664 |
| Land And Building | 0 |
| Other Fixed Assets | 106,759 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 444,362 |
| All Other Assets | 0 |
| TOTAL ASSETS | 52,429,980 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,465,153 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,167,247 |
| Regular shares | 20,585,184 |
| All Other Shares & Deposits | 14,223,047 |
| TOTAL SHARES & DEPOSITS | 43,975,478 |
| TOTAL LIABILITIES | 45,440,631 |
| Regular Reserve | 0 |
| Other Reserves | -99,472 |
| Undivided Earnings | 7,088,821 |
| TOTAL EQUITY | 6,989,349 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 52,429,980 |
| INCOME & EXPENSE | |
| Loan Income | 1,414,616 |
| Investment Income | 403,845 |
| Other Income | 347,171 |
| Total Employee Compensation & Benefits | 839,931 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 863,918 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 190,600 |
| Cost of Funds | 267,317 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 123,860 |
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