FIRST FINANCIAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.firstfcu.org for more information.
Sep, 30, 2025 — FIRST FINANCIAL CREDIT UNION is a federally insured state chartered credit union headquartered in SKOKIE, IL with 5 branch locations and about $150.25 million in total assets. Opened 90 years ago in 1936, FIRST FINANCIAL CREDIT UNION has about 12,951 members and employs 30 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FIRST FINANCIAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 5550 TOUHY AVE STE 102 SKOKIE, IL 60077 |
| Phone: | (847) 676-8000 |
| Fax: | (847) 676-0027 |
| Website: | https://www.firstfcu.org |
| Branches: | 5 branch locations |
| Members: | 12,951 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68450 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $150,251,896 |
| CEO/Manager: | MICHAEL T ABRAHAM |
| Chairperson: | WILLIAM G HARLAN |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,149,242 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 82,555,765 |
| Unsecured Loans | 17,692,473 |
| Other Loans | 21,821,937 |
| TOTAL LOANS | 122,070,175 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,034,589 |
| Land And Building | 3,308,762 |
| Other Fixed Assets | 110,750 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 983,843 |
| All Other Assets | 0 |
| TOTAL ASSETS | 150,251,896 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 22,755 |
| Notes & Interest Payable | 10,200,000 |
| Accounts Payable & Other Liabilities | 3,832,949 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 2,000,000 |
| Share Drafts | 18,247,495 |
| Regular shares | 50,588,418 |
| All Other Shares & Deposits | 54,911,077 |
| TOTAL SHARES & DEPOSITS | 123,746,990 |
| TOTAL LIABILITIES | 139,802,694 |
| Regular Reserve | 0 |
| Other Reserves | -495,375 |
| Undivided Earnings | 10,944,577 |
| TOTAL EQUITY | 10,449,202 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 150,251,896 |
| INCOME & EXPENSE | |
| Loan Income | 3,983,909 |
| Investment Income | 272,416 |
| Other Income | 190,582 |
| Total Employee Compensation & Benefits | 1,871,262 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,905,536 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 457,239 |
| Cost of Funds | 676,623 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 644,406 |
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