Dec, 31, 2023 — FUNERAL SERVICE CREDIT UNION is a federally insured state chartered credit union headquartered in SPRINGFIELD, IL with 1 branch location and about $11.68 million in total assets. Opened 41 years ago in 1983, FUNERAL SERVICE CREDIT UNION has about 821 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | FUNERAL SERVICE CREDIT UNION |
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Address: (Main Office) | 915 S Durkin Dr Ste A SPRINGFIELD, IL 62704 |
Phone: | (217) 546-5480 |
Fax: | (217) 546-5425 |
Website: | https://fscunet.org |
Branches: | 1 branch locations |
Members: | 821 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 66253 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1983 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $11,679,963 |
CEO/Manager: | Rebecca A Dobey |
Chairperson: | Randall L Earl |
ASSETS: | $ Amount |
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Cash & Equivalents | 853,692 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 159,414 |
Other Loans | 10,513,574 |
TOTAL LOANS | 10,672,987 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,010 |
Land And Building | 43,742 |
Other Fixed Assets | 5,262 |
NCUSIF Deposit | 77,186 |
All Other Assets | 0 |
TOTAL ASSETS | 11,679,963 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 58,905 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 51,720 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 260,905 |
Regular shares | 3,122,426 |
All Other Shares & Deposits | 6,332,953 |
TOTAL SHARES & DEPOSITS | 9,716,284 |
TOTAL LIABILITIES | 9,826,909 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 1,853,054 |
TOTAL EQUITY | 1,853,054 |
TOTAL LIABILITIES, SHARES, & EQUITY | 11,679,963 |
INCOME & EXPENSE | |
Loan Income | 523,960 |
Investment Income | 51,206 |
Other Income | 4,642 |
Total Employee Compensation & Benefits | 151,995 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 142,572 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 8,510 |
Cost of Funds | 193,910 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 84,669 |
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