CHICAGO CENTRAL AND COMMERCE CREDIT UNION is no longer an active credit union according to the NCUA.
Sep, 30, 2025 — CHICAGO CENTRAL AND COMMERCE CREDIT UNION is a federally insured state chartered credit union headquartered in WATERLOO, IA with 2 branch locations and about $7.43 million in total assets. Opened 93 years ago in 1933, CHICAGO CENTRAL AND COMMERCE CREDIT UNION has about 986 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: | CHICAGO CENTRAL AND COMMERCE CREDIT UNION |
|---|---|
| Address: (Main Office) | 1005 E 4TH ST WATERLOO, IA 50703-3932 |
| Phone: | (319) 232-0808 |
| Fax: | (319) 287-3987 |
| Website: | n/a |
| Branches: | 2 branch locations |
| Members: | 986 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62871 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1933 |
| Last Audited: | Aug 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $7,425,297 |
| CEO/Manager: | marilyn k hileman |
| Chairperson: | morgan kuper |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,404,585 |
| TOTAL INVESTMENTS | 3,727,424 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 342,764 |
| Unsecured Loans | 162,859 |
| Other Loans | 1,666,598 |
| TOTAL LOANS | 2,172,221 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -37,740 |
| Land And Building | 31,700 |
| Other Fixed Assets | 4,097 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 51,236 |
| All Other Assets | 71,774 |
| TOTAL ASSETS | 7,425,297 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 973 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 65,627 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,018,738 |
| Regular shares | 2,627,862 |
| All Other Shares & Deposits | 2,246,012 |
| TOTAL SHARES & DEPOSITS | 5,892,612 |
| TOTAL LIABILITIES | 5,959,212 |
| Regular Reserve | 360,000 |
| Other Reserves | 668,661 |
| Undivided Earnings | 437,424 |
| TOTAL EQUITY | 1,466,085 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 7,425,297 |
| INCOME & EXPENSE | |
| Loan Income | 50,785 |
| Investment Income | 17,665 |
| Other Income | 2,495 |
| Total Employee Compensation & Benefits | 31,469 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 19,399 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 7,614 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 14,296 |
| ↑ Back to Top | |