Dec, 31, 2023 — GIDEON FEDERAL CREDIT UNION is a federal credit union headquartered in WAUKEGAN, IL with 2 branch locations and about $300,426 in total assets. Opened 26 years ago in 1998, GIDEON FEDERAL CREDIT UNION has about 435 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | GIDEON FEDERAL CREDIT UNION |
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Address: (Main Office) | 1500 W Ridgeland Ave WAUKEGAN, IL 60085-2738 |
Phone: | (847) 662-7672 |
Fax: | |
Website: | n/a |
Branches: | 2 branch locations |
Members: | 435 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24614 |
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Membership Type: | Associational - Religious, other than those designated 'low-income' |
Corporate Credit Union: | No |
Year Opened: | 1998 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $300,426 |
CEO/Manager: | Phyllis Louis |
Chairperson: | Calvin Carter |
ASSETS: | $ Amount |
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Cash & Equivalents | 120,552 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 21,327 |
Other Loans | 0 |
TOTAL LOANS | 21,327 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -15,252 |
Land And Building | 0 |
Other Fixed Assets | 533 |
NCUSIF Deposit | 2,846 |
All Other Assets | 0 |
TOTAL ASSETS | 300,426 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 268 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 253,741 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 253,742 |
TOTAL LIABILITIES | 254,010 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 46,416 |
TOTAL EQUITY | 46,416 |
TOTAL LIABILITIES, SHARES, & EQUITY | 300,426 |
INCOME & EXPENSE | |
Loan Income | 1,376 |
Investment Income | 4,463 |
Other Income | 0 |
Total Employee Compensation & Benefits | 150 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 5,185 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 0 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 628 |
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