Dec, 31, 2023 — FUNERAL SERVICE CREDIT UNION is a federally insured state chartered credit union headquartered in SPRINGFIELD, IL with 1 branch location and about $11.68 million in total assets. Opened 41 years ago in 1983, FUNERAL SERVICE CREDIT UNION has about 821 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FUNERAL SERVICE CREDIT UNION |
|---|---|
| Address: (Main Office) | 915 S Durkin Dr Ste A SPRINGFIELD, IL 62704 |
| Phone: | (217) 546-5480 |
| Fax: | (217) 546-5425 |
| Website: | https://fscunet.org |
| Branches: | 1 branch locations |
| Members: | 821 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66253 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1983 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $11,679,963 |
| CEO/Manager: | Rebecca A Dobey |
| Chairperson: | Randall L Earl |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 853,692 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 159,414 |
| Other Loans | 10,513,574 |
| TOTAL LOANS | 10,672,987 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,010 |
| Land And Building | 43,742 |
| Other Fixed Assets | 5,262 |
| NCUSIF Deposit | 77,186 |
| All Other Assets | 0 |
| TOTAL ASSETS | 11,679,963 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 58,905 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 51,720 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 260,905 |
| Regular shares | 3,122,426 |
| All Other Shares & Deposits | 6,332,953 |
| TOTAL SHARES & DEPOSITS | 9,716,284 |
| TOTAL LIABILITIES | 9,826,909 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,853,054 |
| TOTAL EQUITY | 1,853,054 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 11,679,963 |
| INCOME & EXPENSE | |
| Loan Income | 523,960 |
| Investment Income | 51,206 |
| Other Income | 4,642 |
| Total Employee Compensation & Benefits | 151,995 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 142,572 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 8,510 |
| Cost of Funds | 193,910 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 84,669 |
| ↑ Back to Top | |