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National Credit Union Service Organization

TAZEWELL COUNTY SCHOOL EMPLOYEES CREDIT UNION

Sep, 30, 2025 — TAZEWELL COUNTY SCHOOL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in Pekin, IL with 2 branch locations and about $26.36 million in total assets. Opened 76 years ago in 1950, TAZEWELL COUNTY SCHOOL EMPLOYEES CREDIT UNION has about 1,093 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:TAZEWELL COUNTY SCHOOL EMPLOYEES CREDIT UNION
Address:
(Main Office)
1470 Valle Vista Blvd
Pekin, IL 61554
Phone:(309) 347-6013
Fax:(309) 347-6239
Website:https://www.tcsecu.com
Branches:2 branch locations
Members:1,093
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:63672
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1950
Last Audited:Jun 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$26,360,263
CEO/Manager:Kevin Freeman
Chairperson:Paula Davis

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 266,861
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 38,203
 Unsecured Loans 245,819
 Other Loans 5,318,939
 TOTAL LOANS 5,602,961
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -97,227
 Land And Building 180,491
 Other Fixed Assets 63,737
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 210,370
 All Other Assets 0
  TOTAL ASSETS 26,360,263
LIABILITIES & CAPITAL:  
 Dividends Payable 6,597
 Notes & Interest Payable 350,000
 Accounts Payable & Other Liabilities 38,842
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,392,574
 Regular shares 11,269,707
 All Other Shares & Deposits 8,860,414
  TOTAL SHARES & DEPOSITS 22,522,695
  TOTAL LIABILITIES 22,918,134
 Regular Reserve 0
 Other Reserves 1,123,560
 Undivided Earnings 2,318,569
  TOTAL EQUITY 3,442,129
  TOTAL LIABILITIES, SHARES, & EQUITY 26,360,263
INCOME & EXPENSE  
 Loan Income 189,034
 Investment Income 231,110
 Other Income 65,848
 Total Employee Compensation & Benefits 175,778
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 225,092
 Non-operating Income & (Expense) 6,750
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 41,337
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 53,914
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