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ACME CONTINENTAL CREDIT UNION

Dec, 31, 2023 — ACME CONTINENTAL CREDIT UNION is a federally insured state chartered credit union headquartered in RIVERDALE, IL with 2 branch locations and about $55.52 million in total assets. Opened 87 years ago in 1937, ACME CONTINENTAL CREDIT UNION has about 5,564 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 271076986
Name:ACME CONTINENTAL CREDIT UNION
Address:
(Main Office)
13601 S Perry Ave
RIVERDALE, IL 60827-1655
Phone:(708) 849-3113
Fax:(708) 849-0034
Website:https://www.acmecontinentalcu.com
Branches:2 branch locations
Members:5,564
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61230
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1937
Last Audited:Mar 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$55,522,016
CEO/Manager:Mark J Duffy
Chairperson:Donald Bischof

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,647,317
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,006,062
 Unsecured Loans 10,125,708
 Other Loans 7,966,235
 TOTAL LOANS 19,098,005
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -327,290
 Land And Building 267,527
 Other Fixed Assets 4,687
 NCUSIF Deposit 460,310
 All Other Assets 0
  TOTAL ASSETS 55,522,016
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,207,165
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 7,341,331
 Regular shares 24,120,372
 All Other Shares & Deposits 12,376,735
  TOTAL SHARES & DEPOSITS 43,838,439
  TOTAL LIABILITIES 45,045,604
 Regular Reserve 0
 Other Reserves 1,484,200
 Undivided Earnings 8,992,212
  TOTAL EQUITY 10,476,412
  TOTAL LIABILITIES, SHARES, & EQUITY 55,522,016
INCOME & EXPENSE  
 Loan Income 1,427,456
 Investment Income 659,909
 Other Income 219,510
 Total Employee Compensation & Benefits 958,265
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 969,195
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 93,500
 Cost of Funds 276,227
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 156,974
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