Dec, 31, 2023 — ANCO COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in LA SALLE, IL with 0 branch location and about $11.61 million in total assets. Opened 69 years ago in 1955, ANCO COMMUNITY CREDIT UNION has about 1,765 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ANCO COMMUNITY CREDIT UNION |
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Address: (Main Office) | 154 3rd St LA SALLE, IL 61301-2312 |
Phone: | (815) 223-8410 |
Fax: | |
Website: | https://americannickeloidemployeescr |
Branches: | 0 branch locations |
Members: | 1,765 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 60184 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1955 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $11,609,689 |
CEO/Manager: | Annette M Salazar |
Chairperson: | Corey Douglas |
ASSETS: | $ Amount |
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Cash & Equivalents | 417,339 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 911,309 |
Unsecured Loans | 934,558 |
Other Loans | 4,250,250 |
TOTAL LOANS | 6,096,117 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -302,093 |
Land And Building | 556,204 |
Other Fixed Assets | 3,677 |
NCUSIF Deposit | 106,892 |
All Other Assets | 0 |
TOTAL ASSETS | 11,609,689 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 49,254 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 387,183 |
Regular shares | 4,684,495 |
All Other Shares & Deposits | 5,554,955 |
TOTAL SHARES & DEPOSITS | 10,626,633 |
TOTAL LIABILITIES | 10,675,887 |
Regular Reserve | 0 |
Other Reserves | 412,299 |
Undivided Earnings | 521,503 |
TOTAL EQUITY | 933,802 |
TOTAL LIABILITIES, SHARES, & EQUITY | 11,609,689 |
INCOME & EXPENSE | |
Loan Income | 414,058 |
Investment Income | 84,610 |
Other Income | 60,616 |
Total Employee Compensation & Benefits | 222,409 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 222,976 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 35,235 |
Cost of Funds | 130,918 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -52,254 |
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