Dec, 31, 2023 — ABRI CREDIT UNION is a non-federally insured state credit union headquartered in ROMEOVILLE, IL with 8 branch locations and about $378.88 million in total assets. Opened 75 years ago in 1949, ABRI CREDIT UNION has about 27,853 members and employs 102 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ABRI CREDIT UNION |
---|---|
Address: (Main Office) | 1350 W Renwick Rd ROMEOVILLE, IL 60446-5345 |
Phone: | (815) 267-7700 |
Fax: | (815) 267-7703 |
Website: | https://www.abricu.com |
Branches: | 8 branch locations |
Members: | 27,853 |
Credit Union Type: | Non-Federally Insured State Credit Union |
Charter Number: | 97086 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1949 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $378,882,619 |
CEO/Manager: | Brian Cedergren |
Chairperson: | Mary Ann Egizio |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 16,491,685 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 148,028,168 |
Unsecured Loans | 25,009,095 |
Other Loans | 74,353,704 |
TOTAL LOANS | 247,390,968 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,011,193 |
Land And Building | 7,404,309 |
Other Fixed Assets | 1,232,975 |
NCUSIF Deposit | 0 |
All Other Assets | 62,000 |
TOTAL ASSETS | 378,882,619 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,748,379 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 83,919,093 |
Regular shares | 149,376,632 |
All Other Shares & Deposits | 107,038,741 |
TOTAL SHARES & DEPOSITS | 340,334,466 |
TOTAL LIABILITIES | 342,082,845 |
Regular Reserve | 0 |
Other Reserves | -5,663,719 |
Undivided Earnings | 42,463,493 |
TOTAL EQUITY | 36,799,774 |
TOTAL LIABILITIES, SHARES, & EQUITY | 378,882,619 |
INCOME & EXPENSE | |
Loan Income | 12,040,779 |
Investment Income | 2,221,307 |
Other Income | 1,858,738 |
Total Employee Compensation & Benefits | 7,339,996 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 6,685,577 |
Non-operating Income & (Expense) | 8,076 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 591,000 |
Cost of Funds | 1,492,770 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 4,221,302 |
↑ Back to Top |