Dec, 31, 2023 — ROCKFORD BELL CREDIT UNION is a federally insured state chartered credit union headquartered in LOVES PARK, IL with 2 branch locations and about $39.13 million in total assets. Opened 89 years ago in 1935, ROCKFORD BELL CREDIT UNION has about 3,512 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ROCKFORD BELL CREDIT UNION |
---|---|
Address: (Main Office) | 4225 N Perryville Rd LOVES PARK, IL 61111-8652 |
Phone: | (815) 636-2100 |
Fax: | (815) 639-9819 |
Website: | https://www.rbcu.net |
Branches: | 2 branch locations |
Members: | 3,512 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 65955 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1935 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $39,133,927 |
CEO/Manager: | JOHN R HANSEN |
Chairperson: | DONALD CONNESS |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 514,415 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 17,758,015 |
Unsecured Loans | 1,178,426 |
Other Loans | 15,542,286 |
TOTAL LOANS | 34,478,727 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -203,542 |
Land And Building | 692,923 |
Other Fixed Assets | 84,297 |
NCUSIF Deposit | 381,647 |
All Other Assets | 0 |
TOTAL ASSETS | 39,133,927 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 7 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 159,957 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 6,858,806 |
Regular shares | 25,240,661 |
All Other Shares & Deposits | 1,843,099 |
TOTAL SHARES & DEPOSITS | 33,942,566 |
TOTAL LIABILITIES | 34,102,530 |
Regular Reserve | 0 |
Other Reserves | 4,152,820 |
Undivided Earnings | 878,577 |
TOTAL EQUITY | 5,031,397 |
TOTAL LIABILITIES, SHARES, & EQUITY | 39,133,927 |
INCOME & EXPENSE | |
Loan Income | 1,280,927 |
Investment Income | 71,738 |
Other Income | 174,642 |
Total Employee Compensation & Benefits | 829,915 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 821,455 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 90,000 |
Cost of Funds | 92,447 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -96,658 |
↑ Back to Top |