Dec, 31, 2023 — UNITED EQUITY CREDIT UNION is a non-federally insured state credit union headquartered in DECATUR, IL with 3 branch locations and about $60.40 million in total assets. Opened 2024 years ago in 0, UNITED EQUITY CREDIT UNION has about 5,406 members and employs 22 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | UNITED EQUITY CREDIT UNION |
---|---|
Address: (Main Office) | 1130 E Pershing Rd DECATUR, IL 62526 |
Phone: | (217) 875-1845 |
Fax: | (217) 875-3648 |
Website: | https://www.uecu.com |
Branches: | 3 branch locations |
Members: | 5,406 |
Credit Union Type: | Non-Federally Insured State Credit Union |
Charter Number: | 81688 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 0 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $60,404,934 |
CEO/Manager: | Kara J Johnston |
Chairperson: | Bev B Bowlby |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 2,164,029 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 10,420,077 |
Unsecured Loans | 4,185,054 |
Other Loans | 28,334,047 |
TOTAL LOANS | 42,939,178 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -161,712 |
Land And Building | 1,570,325 |
Other Fixed Assets | 34,138 |
NCUSIF Deposit | 0 |
All Other Assets | 0 |
TOTAL ASSETS | 60,404,934 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 147 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 210,077 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 7,771,526 |
Regular shares | 30,840,610 |
All Other Shares & Deposits | 12,682,411 |
TOTAL SHARES & DEPOSITS | 51,294,547 |
TOTAL LIABILITIES | 51,504,771 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 8,900,163 |
TOTAL EQUITY | 8,900,163 |
TOTAL LIABILITIES, SHARES, & EQUITY | 60,404,934 |
INCOME & EXPENSE | |
Loan Income | 2,243,557 |
Investment Income | 283,250 |
Other Income | 232,787 |
Total Employee Compensation & Benefits | 1,174,996 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,221,203 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 282,482 |
Cost of Funds | 270,857 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 267,575 |
↑ Back to Top |
» See also Statement of Financial Condition