Mar, 31, 2021 — ALLIANT CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 0 branch location and about $13.97 billion in total assets. Opened 86 years ago in 1935, ALLIANT CREDIT UNION has about 586,435 members and employs 656 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ALLIANT CREDIT UNION |
|---|---|
| Address: (Main Office) | 11545 W TOUHY AVE CHICAGO, IL 60666 |
| Phone: | (800) 328-1935 |
| Fax: | (773) 462-2111 |
| Website: | http://www.alliantcreditunion.org |
| Branches: | 0 branch locations |
| Members: | 586,435 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67955 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Jun 01, 2020 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $13,970,828,354 |
| CEO/Manager: | Dennis Devine |
| Chairperson: | Ted Davidson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 320,330,756 |
| TOTAL INVESTMENTS | 4,235,982,728 |
| Loans Held for Sale | 203,593,918 |
| Real Estate Loans | 4,970,435,141 |
| Unsecured Loans | 801,498,512 |
| Other Loans | 3,117,797,186 |
| TOTAL LOANS | 8,889,730,839 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -99,087,554 |
| Land And Building | 2,276,727 |
| Other Fixed Assets | 29,728,261 |
| NCUSIF Deposit | 94,698,104 |
| All Other Assets | 293,574,575 |
| TOTAL ASSETS | 13,970,828,354 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 811,500,000 |
| Accounts Payable & Other Liabilities | 113,316,477 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 726,824,122 |
| Regular shares | 9,622,449,468 |
| All Other Shares & Deposits | 1,341,964,561 |
| TOTAL SHARES & DEPOSITS | 11,691,238,151 |
| TOTAL LIABILITIES | 12,616,054,628 |
| Regular Reserve | 120,978,812 |
| Other Reserves | -6,254,285 |
| Undivided Earnings | 1,240,049,199 |
| TOTAL EQUITY | 1,354,773,726 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 13,970,828,354 |
| INCOME & EXPENSE | |
| Loan Income | 99,168,978 |
| Investment Income | 13,519,265 |
| Other Income | 1,720,407 |
| Total Employee Compensation & Benefits | 22,627,547 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 19,589,967 |
| Non-operating Income & (Expense) | 237,850 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -8,372,040 |
| Cost of Funds | 21,677,433 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 83,592,130 |
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