Dec, 31, 2023 — ALLIANT CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 0 branch location and about $18.47 billion in total assets. Opened 89 years ago in 1935, ALLIANT CREDIT UNION has about 839,296 members and employs 862 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: | https://www.alliantcreditunion.org |
| Branches: | 0 branch locations |
| Members: | 839,296 |
| 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, 2023 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $18,473,232,789 |
| CEO/Manager: | Dennis Devine |
| Chairperson: | David Leib |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 219,935,517 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 261,681,498 |
| Real Estate Loans | 9,363,364,696 |
| Unsecured Loans | 1,148,038,351 |
| Other Loans | 4,455,883,598 |
| TOTAL LOANS | 14,967,286,645 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -388,684,037 |
| Land And Building | 1,448,156 |
| Other Fixed Assets | 22,836,432 |
| NCUSIF Deposit | 127,962,104 |
| All Other Assets | 4,247,457 |
| TOTAL ASSETS | 18,473,232,789 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 2,500,000,000 |
| Accounts Payable & Other Liabilities | 247,981,705 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 815,197,969 |
| Regular shares | 8,253,117,967 |
| All Other Shares & Deposits | 5,360,889,307 |
| TOTAL SHARES & DEPOSITS | 14,429,205,243 |
| TOTAL LIABILITIES | 17,179,375,008 |
| Regular Reserve | 0 |
| Other Reserves | -252,674,493 |
| Undivided Earnings | 1,546,532,274 |
| TOTAL EQUITY | 1,293,857,781 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 18,473,232,789 |
| INCOME & EXPENSE | |
| Loan Income | 806,607,653 |
| Investment Income | 285,796,515 |
| Other Income | 5,461,785 |
| Total Employee Compensation & Benefits | 134,382,342 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 93,990,239 |
| Non-operating Income & (Expense) | 10,813,200 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 170,302,149 |
| Cost of Funds | 667,775,726 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 83,737,738 |
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