Jun, 30, 2021 — PARTNERSHIP FINANCIAL CREDIT UNION is a federally insured state chartered credit union headquartered in MORTON GROVE, IL with 7 branch locations and about $363.11 million in total assets. Opened 63 years ago in 1958, PARTNERSHIP FINANCIAL CREDIT UNION has about 15,707 members and employs 55 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PARTNERSHIP FINANCIAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 5940 LINCOLN AVE MORTON GROVE, IL 60053 |
| Phone: | (847) 697-3281 |
| Fax: | (847) 675-6847 |
| Website: | http://www.mypfcu.org |
| Branches: | 7 branch locations |
| Members: | 15,707 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62854 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Mar 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $363,110,959 |
| CEO/Manager: | MARYANN E PUSATERI |
| Chairperson: | KATHERINE FRANCE |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 38,244,400 |
| TOTAL INVESTMENTS | 179,712,850 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 83,777,714 |
| Unsecured Loans | 9,210,669 |
| Other Loans | 32,362,871 |
| TOTAL LOANS | 125,351,254 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -747,593 |
| Land And Building | 7,032,038 |
| Other Fixed Assets | 1,252,489 |
| NCUSIF Deposit | 2,894,017 |
| All Other Assets | 9,371,504 |
| TOTAL ASSETS | 363,110,959 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 8,156 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,900,766 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 80,111,534 |
| Regular shares | 220,108,524 |
| All Other Shares & Deposits | 26,083,452 |
| TOTAL SHARES & DEPOSITS | 326,303,510 |
| TOTAL LIABILITIES | 328,212,432 |
| Regular Reserve | 1,905,003 |
| Other Reserves | 20,182,678 |
| Undivided Earnings | 12,810,846 |
| TOTAL EQUITY | 34,898,527 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 363,110,959 |
| INCOME & EXPENSE | |
| Loan Income | 2,118,762 |
| Investment Income | 859,828 |
| Other Income | 810,033 |
| Total Employee Compensation & Benefits | 1,550,105 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,241,951 |
| Non-operating Income & (Expense) | 294,951 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 259,762 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,118,556 |
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