Dec, 31, 2023 — AURORA POSTAL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in AURORA, IL with 0 branch location and about $2.09 million in total assets. Opened 92 years ago in 1932, AURORA POSTAL EMPLOYEES CREDIT UNION has about 433 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | AURORA POSTAL EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 525 N Broadway Rm 118 AURORA, IL 60505-2669 |
| Phone: | (630) 897-8363 |
| Fax: | (630) 897-9168 |
| Website: | n/a |
| Branches: | 0 branch locations |
| Members: | 433 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 65906 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1932 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,085,063 |
| CEO/Manager: | David Dorsey |
| Chairperson: | David Fruit |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 198,078 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 173,608 |
| Other Loans | 1,400,355 |
| TOTAL LOANS | 1,573,963 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -30,615 |
| Land And Building | 138 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 19,458 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,085,063 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 9,580 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,693,771 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 1,693,771 |
| TOTAL LIABILITIES | 1,703,351 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 381,712 |
| TOTAL EQUITY | 381,712 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,085,063 |
| INCOME & EXPENSE | |
| Loan Income | 98,250 |
| Investment Income | 8,273 |
| Other Income | 1,260 |
| Total Employee Compensation & Benefits | 37,397 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 41,659 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 26,910 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 4,275 |
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