Dec, 31, 2023 — ABBOTT LABORATORIES CREDIT UNION is a non-federally insured state credit union headquartered in GURNEE, IL with 10 branch locations and about $1.00 billion in total assets. Opened 2024 years ago in 0, ABBOTT LABORATORIES CREDIT UNION has about 31,854 members and employs 107 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ABBOTT LABORATORIES CREDIT UNION |
---|---|
Address: (Main Office) | 325 Tri State Pkwy GURNEE, IL 60031 |
Phone: | (847) 688-8000 |
Fax: | |
Website: | https://www.alecu.org |
Branches: | 10 branch locations |
Members: | 31,854 |
Credit Union Type: | Non-Federally Insured State Credit Union |
Charter Number: | 96071 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 0 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $1,000,837,837 |
CEO/Manager: | Joseph Trosclair |
Chairperson: | James Wenner |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 71,238,302 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 360,887,023 |
Unsecured Loans | 45,921,780 |
Other Loans | 157,336,374 |
TOTAL LOANS | 564,145,178 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,210,810 |
Land And Building | 8,343,588 |
Other Fixed Assets | 3,774,522 |
NCUSIF Deposit | 0 |
All Other Assets | 0 |
TOTAL ASSETS | 1,000,837,837 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 20,000,000 |
Accounts Payable & Other Liabilities | 7,305,082 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 173,212,736 |
Regular shares | 218,417,231 |
All Other Shares & Deposits | 470,159,081 |
TOTAL SHARES & DEPOSITS | 861,789,048 |
TOTAL LIABILITIES | 889,094,130 |
Regular Reserve | 0 |
Other Reserves | -26,451,935 |
Undivided Earnings | 138,195,642 |
TOTAL EQUITY | 111,743,707 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,000,837,837 |
INCOME & EXPENSE | |
Loan Income | 23,748,320 |
Investment Income | 12,591,132 |
Other Income | 1,503,750 |
Total Employee Compensation & Benefits | 10,314,795 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 8,411,729 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 565,137 |
Cost of Funds | 12,368,666 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 10,557,196 |
↑ Back to Top |
» See also Statement of Financial Condition