Sep, 30, 2025 — SMARTCHOICE CREDIT UNION is a federally insured state chartered credit union headquartered in SPRING VALLEY, IL with 1 branch location and about $802,114 in total assets. Opened 69 years ago in 1957, SMARTCHOICE CREDIT UNION has about 248 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SMARTCHOICE CREDIT UNION |
|---|---|
| Address: (Main Office) | 1 Les Buzz Way Ste A SPRING VALLEY, IL 61362 |
| Phone: | (815) 481-3537 |
| Fax: | (815) 663-1106 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 248 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 64731 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $802,114 |
| CEO/Manager: | VICKIE CHIESI |
| Chairperson: | ROBIN PUFAHL |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 258,040 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 135,224 |
| Other Loans | 457,866 |
| TOTAL LOANS | 593,090 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -57,669 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 6,014 |
| All Other Assets | 0 |
| TOTAL ASSETS | 802,114 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,439 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 361 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 561,180 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 561,179 |
| TOTAL LIABILITIES | 562,979 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 239,135 |
| TOTAL EQUITY | 239,135 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 802,114 |
| INCOME & EXPENSE | |
| Loan Income | 34,062 |
| Investment Income | 0 |
| Other Income | 1,460 |
| Total Employee Compensation & Benefits | 14,966 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 10,315 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 2,793 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 7,673 |
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