Jun, 30, 2024 — COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in CHICAGO, IL with 1 branch location and about $232,901 in total assets. Opened 73 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, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $232,901 |
| CEO/Manager: | James Stewart |
| Chairperson: | Kemper O Powell |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 190,550 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 13,453 |
| Other Loans | 0 |
| TOTAL LOANS | 13,453 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -404 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 1,925 |
| All Other Assets | 0 |
| TOTAL ASSETS | 232,901 |
| 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 | 191,306 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 191,306 |
| TOTAL LIABILITIES | 191,306 |
| Regular Reserve | 0 |
| Other Reserves | 10,084 |
| Undivided Earnings | 31,511 |
| TOTAL EQUITY | 41,595 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 232,901 |
| INCOME & EXPENSE | |
| Loan Income | 918 |
| Investment Income | 0 |
| Other Income | 101 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,140 |
| 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) | -2,121 |
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