Dec, 31, 2021 — BEREAN CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 1 branch location and about $141,079 in total assets. Opened 67 years ago in 1955, BEREAN CREDIT UNION has about 246 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | BEREAN CREDIT UNION |
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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: | 246 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 66089 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1955 |
Last Audited: | Dec 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $141,079 |
CEO/Manager: | Stanley N Washington |
Chairperson: | William Robinson |
ASSETS: | $ Amount |
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Cash & Equivalents | 89,961 |
TOTAL INVESTMENTS | 43,839 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 6,372 |
Other Loans | 0 |
TOTAL LOANS | 6,372 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -427 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 1,235 |
All Other Assets | 99 |
TOTAL ASSETS | 141,079 |
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 | 117,541 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 117,541 |
TOTAL LIABILITIES | 117,541 |
Regular Reserve | 19,790 |
Other Reserves | 0 |
Undivided Earnings | 3,748 |
TOTAL EQUITY | 23,538 |
TOTAL LIABILITIES, SHARES, & EQUITY | 141,079 |
INCOME & EXPENSE | |
Loan Income | 1,019 |
Investment Income | 327 |
Other Income | 130 |
Total Employee Compensation & Benefits | 0 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,682 |
Non-operating Income & (Expense) | 1,123 |
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) | 917 |
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