Dec, 31, 2023 — COLLEGE AND UNIVERSITY CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 1 branch location and about $1.27 million in total assets. Opened 57 years ago in 1967, COLLEGE AND UNIVERSITY CREDIT UNION has about 340 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | COLLEGE AND UNIVERSITY CREDIT UNION |
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Address: (Main Office) | 1901 W Carroll Ave Ste 200 CHICAGO, IL 60612-2401 |
Phone: | (312) 614-4393 |
Fax: | |
Website: | https://cucu1600.com |
Branches: | 1 branch locations |
Members: | 340 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 60688 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1967 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,268,475 |
CEO/Manager: | Kevin Barrett |
Chairperson: | Anthony Johnston |
ASSETS: | $ Amount |
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Cash & Equivalents | 395,728 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 118,330 |
Other Loans | 72,951 |
TOTAL LOANS | 191,281 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,301 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 11,046 |
All Other Assets | 0 |
TOTAL ASSETS | 1,268,475 |
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 | 1,132,507 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,132,507 |
TOTAL LIABILITIES | 1,132,507 |
Regular Reserve | 0 |
Other Reserves | 34,464 |
Undivided Earnings | 101,504 |
TOTAL EQUITY | 135,968 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,268,475 |
INCOME & EXPENSE | |
Loan Income | 18,279 |
Investment Income | 27,804 |
Other Income | 99 |
Total Employee Compensation & Benefits | 20,295 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 14,029 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 4,110 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 9,665 |
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