Dec, 31, 2021 — ALLIANT CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 0 branch location and about $15.15 billion in total assets. Opened 87 years ago in 1935, ALLIANT CREDIT UNION has about 646,111 members and employs 676 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: | 646,111 |
| 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, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $15,151,012,307 |
| CEO/Manager: | Dennis Devine |
| Chairperson: | Ted Davidson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 617,811,927 |
| TOTAL INVESTMENTS | 3,737,269,786 |
| Loans Held for Sale | 72,694,551 |
| Real Estate Loans | 5,935,472,187 |
| Unsecured Loans | 822,773,794 |
| Other Loans | 3,295,806,941 |
| TOTAL LOANS | 10,054,052,922 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -68,118,054 |
| Land And Building | 2,049,765 |
| Other Fixed Assets | 25,070,343 |
| NCUSIF Deposit | 104,584,170 |
| All Other Assets | 605,596,897 |
| TOTAL ASSETS | 15,151,012,307 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 741,500,000 |
| Accounts Payable & Other Liabilities | 132,200,618 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 843,284,751 |
| Regular shares | 10,780,753,139 |
| All Other Shares & Deposits | 1,145,019,419 |
| TOTAL SHARES & DEPOSITS | 12,769,057,309 |
| TOTAL LIABILITIES | 13,642,757,927 |
| Regular Reserve | 120,978,812 |
| Other Reserves | -30,992,049 |
| Undivided Earnings | 1,418,267,617 |
| TOTAL EQUITY | 1,508,254,380 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 15,151,012,307 |
| INCOME & EXPENSE | |
| Loan Income | 406,795,447 |
| Investment Income | 55,288,067 |
| Other Income | 5,780,951 |
| Total Employee Compensation & Benefits | 103,482,679 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 89,503,335 |
| Non-operating Income & (Expense) | 3,837,282 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -12,481,522 |
| Cost of Funds | 86,024,523 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 261,810,548 |
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