Dec, 31, 2023 — DECATUR POLICEMEN CREDIT UNION is a federally insured state chartered credit union headquartered in DECATUR, IL with 1 branch location and about $5.25 million in total assets. Opened 88 years ago in 1936, DECATUR POLICEMEN CREDIT UNION has about 399 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: | DECATUR POLICEMEN CREDIT UNION |
|---|---|
| Address: (Main Office) | 707 W South Side Dr DECATUR, IL 62521 |
| Phone: | (217) 542-3524 |
| Fax: | (217) 542-3535 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 399 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60293 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,246,385 |
| CEO/Manager: | Brad Allen |
| Chairperson: | Doug K Allen |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 516,870 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 455,525 |
| Other Loans | 3,986,984 |
| TOTAL LOANS | 4,442,509 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -20,000 |
| Land And Building | 0 |
| Other Fixed Assets | 1,380 |
| NCUSIF Deposit | 56,626 |
| All Other Assets | 0 |
| TOTAL ASSETS | 5,246,385 |
| 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 | 4,561,557 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 4,561,557 |
| TOTAL LIABILITIES | 4,561,557 |
| Regular Reserve | 0 |
| Other Reserves | 108,000 |
| Undivided Earnings | 576,828 |
| TOTAL EQUITY | 684,828 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,246,385 |
| INCOME & EXPENSE | |
| Loan Income | 153,335 |
| Investment Income | 14,226 |
| Other Income | 1,164 |
| Total Employee Compensation & Benefits | 27,475 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 34,973 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 82,606 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 23,671 |
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