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BEREAN CREDIT UNION

Sep, 30, 2022 — BEREAN CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 1 branch location and about $147,018 in total assets. Opened 68 years ago in 1955, BEREAN CREDIT UNION has about 250 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:BEREAN CREDIT UNION
Address:
(Main Office)
5147 S Dearborn St
CHICAGO, IL 60609-5327
Phone:(773) 924-0381
Fax:(773) 924-0381
Website:n/a
Branches:1 branch locations
Members:250
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:66089
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1955
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$147,018
CEO/Manager:Stanley N Washington
Chairperson:William Robinson

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 93,854
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 8,370
 Other Loans 0
 TOTAL LOANS 8,370
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -427
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 1,175
 All Other Assets 0
  TOTAL ASSETS 147,018
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 123,021
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 123,021
  TOTAL LIABILITIES 123,021
 Regular Reserve 0
 Other Reserves 19,790
 Undivided Earnings 4,207
  TOTAL EQUITY 23,997
  TOTAL LIABILITIES, SHARES, & EQUITY 147,018
INCOME & EXPENSE  
 Loan Income 847
 Investment Income 116
 Other Income 177
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 958
 Non-operating Income & (Expense) 277
 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) 459
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