Dec, 31, 2023 — CHICAGO FIREMANS ASSOC CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 1 branch location and about $20.59 million in total assets. Opened 86 years ago in 1938, CHICAGO FIREMANS ASSOC CREDIT UNION has about 2,968 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CHICAGO FIREMANS ASSOC CREDIT UNION |
|---|---|
| Address: (Main Office) | 2453 S Archer Ave CHICAGO, IL 60616-2169 |
| Phone: | (312) 791-0834 |
| Fax: | (312) 791-1712 |
| Website: | https://chicagofiremansacu.org |
| Branches: | 1 branch locations |
| Members: | 2,968 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60175 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $20,591,199 |
| CEO/Manager: | Tina R Mednis |
| Chairperson: | Michelle Jaskulski |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,372,292 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 894,177 |
| Unsecured Loans | 6,218,071 |
| Other Loans | 5,306,555 |
| TOTAL LOANS | 12,418,803 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -57,273 |
| Land And Building | 0 |
| Other Fixed Assets | 21,802 |
| NCUSIF Deposit | 184,842 |
| All Other Assets | 0 |
| TOTAL ASSETS | 20,591,199 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 31,743 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 23,816 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 17,758,614 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 17,758,614 |
| TOTAL LIABILITIES | 17,814,173 |
| Regular Reserve | 0 |
| Other Reserves | 2,777,026 |
| Undivided Earnings | 0 |
| TOTAL EQUITY | 2,777,026 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 20,591,199 |
| INCOME & EXPENSE | |
| Loan Income | 813,066 |
| Investment Income | 77,782 |
| Other Income | 8,072 |
| Total Employee Compensation & Benefits | 390,219 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 288,728 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 179,230 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 40,743 |
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