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PILGRIM BAPTIST CREDIT UNION

Jun, 30, 2024 — PILGRIM BAPTIST CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 1 branch location and about $304,854 in total assets. Opened 71 years ago in 1953, PILGRIM BAPTIST CREDIT UNION has about 137 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PILGRIM BAPTIST CREDIT UNION
Address:
(Main Office)
3300 S Indiana Ave
CHICAGO, IL 60616-3839
Phone:(312) 842-6666
Fax:(312) 842-6666
Website:n/a
Branches:1 branch locations
Members:137
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:65231
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1953
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$304,854
CEO/Manager:Alfonso Carrington
Chairperson:Linda Granderson

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 300,008
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 0
 Other Loans 7,245
 TOTAL LOANS 7,245
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -5,353
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 2,954
 All Other Assets 0
  TOTAL ASSETS 304,854
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 243,832
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 243,832
  TOTAL LIABILITIES 243,832
 Regular Reserve 0
 Other Reserves 8,343
 Undivided Earnings 52,679
  TOTAL EQUITY 61,022
  TOTAL LIABILITIES, SHARES, & EQUITY 304,854
INCOME & EXPENSE  
 Loan Income 550
 Investment Income 836
 Other Income 0
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 4,474
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -2,429
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