Dec, 31, 2023 — C T A F C FEDERAL CREDIT UNION is a federal credit union headquartered in CHICAGO, IL with 0 branch location and about $713,941 in total assets. Opened 56 years ago in 1968, C T A F C FEDERAL CREDIT UNION has about 682 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | C T A F C FEDERAL CREDIT UNION |
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Address: (Main Office) | 14 S ASHLAND AVE CHICAGO, IL 60607-1806 |
Phone: | (312) 243-5190 |
Fax: | (312) 243-7434 |
Website: | https://www.ctafccreditunion.org/ |
Branches: | 0 branch locations |
Members: | 682 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 18882 |
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Membership Type: | Associational - Religious, other than those designated 'low-income' |
Corporate Credit Union: | No |
Year Opened: | 1968 |
Last Audited: | Aug 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $713,941 |
CEO/Manager: | Lashonda T Channel |
Chairperson: |
ASSETS: | $ Amount |
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Cash & Equivalents | 163,921 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 21,953 |
Other Loans | 128,943 |
TOTAL LOANS | 150,896 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,393 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 7,317 |
All Other Assets | 0 |
TOTAL ASSETS | 713,941 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 0 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 607,697 |
All Other Shares & Deposits | 5,003 |
TOTAL SHARES & DEPOSITS | 612,699 |
TOTAL LIABILITIES | 612,699 |
Regular Reserve | 0 |
Other Reserves | 33,976 |
Undivided Earnings | 67,266 |
TOTAL EQUITY | 101,242 |
TOTAL LIABILITIES, SHARES, & EQUITY | 713,941 |
INCOME & EXPENSE | |
Loan Income | 12,082 |
Investment Income | 24,904 |
Other Income | 1,778 |
Total Employee Compensation & Benefits | 5,100 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 23,237 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 3,139 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 7,288 |
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