Sep, 30, 2025 — CREDIT UNION 1 is a federally insured state chartered credit union headquartered in LOMBARD, IL with 28 branch locations and about $2.29 billion in total assets. Opened 68 years ago in 1958, CREDIT UNION 1 has about 160,552 members and employs 478 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CREDIT UNION 1 |
|---|---|
| Address: (Main Office) | 450 E 22nd St Ste 250 LOMBARD, IL 60148-6176 |
| Phone: | (800) 252-6950 |
| Fax: | |
| Website: | https://www.creditunion1.org |
| Branches: | 28 branch locations |
| Members: | 160,552 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68727 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,293,617,968 |
| CEO/Manager: | Todd Gunderson |
| Chairperson: | Robert Eberhardt |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 221,070,989 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,174,857,329 |
| Unsecured Loans | 41,695,956 |
| Other Loans | 445,291,660 |
| TOTAL LOANS | 1,661,844,943 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,664,484 |
| Land And Building | 16,236,415 |
| Other Fixed Assets | 20,104,351 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 17,930,326 |
| All Other Assets | 2,359,200 |
| TOTAL ASSETS | 2,293,617,968 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 24,396,121 |
| Accounts Payable & Other Liabilities | 77,027,650 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 20,500,000 |
| Share Drafts | 450,547,296 |
| Regular shares | 925,523,502 |
| All Other Shares & Deposits | 596,882,509 |
| TOTAL SHARES & DEPOSITS | 1,972,953,307 |
| TOTAL LIABILITIES | 2,094,980,251 |
| Regular Reserve | 0 |
| Other Reserves | 81,901,679 |
| Undivided Earnings | 116,736,038 |
| TOTAL EQUITY | 198,637,717 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,293,617,968 |
| INCOME & EXPENSE | |
| Loan Income | 55,121,834 |
| Investment Income | 22,915,698 |
| Other Income | 10,156,169 |
| Total Employee Compensation & Benefits | 34,823,639 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 30,390,879 |
| Non-operating Income & (Expense) | 1,036,041 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,779,067 |
| Cost of Funds | 26,019,275 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 4,605,125 |
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