Sep, 30, 2025 — GCS CREDIT UNION is a federally insured state chartered credit union headquartered in GRANITE CITY, IL with 9 branch locations and about $498.93 million in total assets. Opened 85 years ago in 1941, GCS CREDIT UNION has about 36,950 members and employs 107 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GCS CREDIT UNION |
|---|---|
| Address: (Main Office) | 3970 Maryville Rd GRANITE CITY, IL 62040-4179 |
| Phone: | (618) 797-7993 |
| Fax: | (618) 797-2033 |
| Website: | https://www.revitycu.com |
| Branches: | 9 branch locations |
| Members: | 36,950 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68623 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1941 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $498,931,758 |
| CEO/Manager: | John Merritt |
| Chairperson: | Kenneth Newton |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 7,955,092 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 104,137,882 |
| Unsecured Loans | 26,692,149 |
| Other Loans | 168,707,922 |
| TOTAL LOANS | 299,537,955 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,841,192 |
| Land And Building | 9,367,966 |
| Other Fixed Assets | 1,391,481 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 3,897,741 |
| All Other Assets | 517,630 |
| TOTAL ASSETS | 498,931,758 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,154,636 |
| Notes & Interest Payable | 39,300,000 |
| Accounts Payable & Other Liabilities | 4,132,667 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 80,369,324 |
| Regular shares | 178,370,533 |
| All Other Shares & Deposits | 148,602,169 |
| TOTAL SHARES & DEPOSITS | 407,342,026 |
| TOTAL LIABILITIES | 451,929,329 |
| Regular Reserve | 0 |
| Other Reserves | -7,898,727 |
| Undivided Earnings | 54,901,156 |
| TOTAL EQUITY | 47,002,429 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 498,931,758 |
| INCOME & EXPENSE | |
| Loan Income | 12,673,730 |
| Investment Income | 3,562,689 |
| Other Income | 1,834,795 |
| Total Employee Compensation & Benefits | 6,794,503 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 6,207,851 |
| Non-operating Income & (Expense) | 404,349 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 516,900 |
| Cost of Funds | 5,229,411 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,968,965 |
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