Dec, 31, 2023 — CHICAGO POST OFFICE EMPLOYEES CREDIT UNION (CPOECU) is a non-federally insured state credit union headquartered in CHICAGO, IL with 3 branch locations and about $28.19 million in total assets. Opened 96 years ago in 1928, CHICAGO POST OFFICE EMPLOYEES CREDIT UNION (CPOECU) has about 4,899 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CHICAGO POST OFFICE EMPLOYEES CREDIT UNION |
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Address: (Main Office) | 10025 S Western Ave CHICAGO, IL 60643-1925 |
Phone: | (773) 881-2500 |
Fax: | (773) 238-8791 |
Website: | https://cpoecu.com |
Branches: | 3 branch locations |
Members: | 4,899 |
Credit Union Type: | Non-Federally Insured State Credit Union |
Charter Number: | 95826 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1928 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $28,194,609 |
CEO/Manager: | Deborah Fears |
Chairperson: | CHARLES MAY |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,295,643 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 6,279,901 |
Other Loans | 9,025,192 |
TOTAL LOANS | 15,305,093 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -608,938 |
Land And Building | 640,726 |
Other Fixed Assets | 113,169 |
NCUSIF Deposit | 0 |
All Other Assets | 0 |
TOTAL ASSETS | 28,194,609 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 217 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 519,870 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,742,723 |
Regular shares | 13,239,630 |
All Other Shares & Deposits | 4,578,987 |
TOTAL SHARES & DEPOSITS | 21,561,340 |
TOTAL LIABILITIES | 22,081,427 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 6,113,182 |
TOTAL EQUITY | 6,113,182 |
TOTAL LIABILITIES, SHARES, & EQUITY | 28,194,609 |
INCOME & EXPENSE | |
Loan Income | 1,487,884 |
Investment Income | 215,671 |
Other Income | 794,767 |
Total Employee Compensation & Benefits | 781,540 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,155,218 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 608,938 |
Cost of Funds | 94,711 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -42,310 |
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