Sep, 30, 2025 — MEMBERSALLIANCE CREDIT UNION is a non-federally insured state credit union headquartered in ROCKFORD, IL with 4 branch locations and about $284.20 million in total assets. Opened 88 years ago in 1938, MEMBERSALLIANCE CREDIT UNION has about 21,740 members and employs 88 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MEMBERSALLIANCE CREDIT UNION |
|---|---|
| Address: (Main Office) | 2550 S Alpine Rd ROCKFORD, IL 61108-7813 |
| Phone: | (815) 226-2260 |
| Fax: | (815) 226-4959 |
| Website: | https://www.membersalliance.org |
| Branches: | 4 branch locations |
| Members: | 21,740 |
| Credit Union Type: | Non-Federally Insured State Credit Union |
| Charter Number: | 81402 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $284,197,794 |
| CEO/Manager: | Cheryl A Sio |
| Chairperson: | Greg Hopkins |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 11,951,462 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 84,312,176 |
| Unsecured Loans | 17,170,933 |
| Other Loans | 89,688,375 |
| TOTAL LOANS | 191,171,484 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,805,030 |
| Land And Building | 4,132,690 |
| Other Fixed Assets | 449,492 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 0 |
| All Other Assets | 82,550 |
| TOTAL ASSETS | 284,197,794 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 376,509 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,550,532 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 56,996,273 |
| Regular shares | 137,986,998 |
| All Other Shares & Deposits | 58,879,919 |
| TOTAL SHARES & DEPOSITS | 253,863,190 |
| TOTAL LIABILITIES | 257,790,231 |
| Regular Reserve | 0 |
| Other Reserves | -87,562 |
| Undivided Earnings | 26,495,125 |
| TOTAL EQUITY | 26,407,563 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 284,197,794 |
| INCOME & EXPENSE | |
| Loan Income | 7,206,422 |
| Investment Income | 1,824,353 |
| Other Income | 1,078,900 |
| Total Employee Compensation & Benefits | 4,765,477 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,827,218 |
| Non-operating Income & (Expense) | 2,380 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 559,014 |
| Cost of Funds | 1,100,164 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,656,414 |
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