Sep, 30, 2025 — SPRINGFIELD CITY EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in SPRINGFIELD, IL with 1 branch location and about $12.32 million in total assets. Opened 68 years ago in 1958, SPRINGFIELD CITY EMPLOYEES CREDIT UNION has about 1,262 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SPRINGFIELD CITY EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 300 S 7th St Ste B4 SPRINGFIELD, IL 62701-1929 |
| Phone: | (217) 789-2346 |
| Fax: | (217) 789-2190 |
| Website: | https://www.scecu.org |
| Branches: | 1 branch locations |
| Members: | 1,262 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 65424 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $12,317,329 |
| CEO/Manager: | Diane M Lauterbach |
| Chairperson: | James Kuizin |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,137,386 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 763,532 |
| Other Loans | 6,623,129 |
| TOTAL LOANS | 7,386,661 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -60,131 |
| Land And Building | 0 |
| Other Fixed Assets | 24,046 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 99,361 |
| All Other Assets | 0 |
| TOTAL ASSETS | 12,317,329 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 21,760 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 16,217 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 867,591 |
| Regular shares | 8,120,745 |
| All Other Shares & Deposits | 1,182,898 |
| TOTAL SHARES & DEPOSITS | 10,171,234 |
| TOTAL LIABILITIES | 10,209,211 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,108,118 |
| TOTAL EQUITY | 2,108,118 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 12,317,329 |
| INCOME & EXPENSE | |
| Loan Income | 305,200 |
| Investment Income | 111,851 |
| Other Income | 42,228 |
| Total Employee Compensation & Benefits | 178,014 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 168,609 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 11,250 |
| Cost of Funds | 43,530 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 97,669 |
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