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COMMUNITY FEDERAL CREDIT UNION

Dec, 31, 2021 — COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in CHICAGO, IL with 1 branch location and about $282,100 in total assets. Opened 71 years ago in 1951, COMMUNITY FEDERAL CREDIT UNION has about 197 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:COMMUNITY FEDERAL CREDIT UNION
Address:
(Main Office)
4610 S Prairie Ave
CHICAGO, IL 60653-3902
Phone:(773) 373-8518
Fax:(773) 373-8528
Website:n/a
Branches:1 branch locations
Members:197
Credit Union Type:Federal Credit Union
Charter Number:7256
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1951
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$282,100
CEO/Manager:James Stewart
Chairperson:Kemper O Powell

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 245,607
TOTAL INVESTMENTS 25,000
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 8,647
 Other Loans 0
 TOTAL LOANS 8,647
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -404
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 1,926
 All Other Assets 1,324
  TOTAL ASSETS 282,100
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 234,645
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 234,645
  TOTAL LIABILITIES 234,645
 Regular Reserve 10,084
 Other Reserves 3,524
 Undivided Earnings 33,847
  TOTAL EQUITY 47,455
  TOTAL LIABILITIES, SHARES, & EQUITY 282,100
INCOME & EXPENSE  
 Loan Income 1,938
 Investment Income 0
 Other Income 189
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 5,456
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -3,329
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