Dec, 31, 2023 — IMPERIAL CREDIT UNION is a federally insured state chartered credit union headquartered in SPRINGFIELD, IL with 1 branch location and about $68,043 in total assets. Opened 67 years ago in 1957, IMPERIAL CREDIT UNION has about 198 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | IMPERIAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1130 S 16th St SPRINGFIELD, IL 62703-2643 |
| Phone: | (217) 481-6381 |
| Fax: | (217) 787-2444 |
| Website: | https://www.imperialcreditunion.org |
| Branches: | 1 branch locations |
| Members: | 198 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66300 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Feb 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $68,043 |
| CEO/Manager: | Victoria N Johnson |
| Chairperson: | Theresa F Cummings |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 20,093 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 10,271 |
| Other Loans | 1,000 |
| TOTAL LOANS | 11,271 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,235 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 586 |
| All Other Assets | 0 |
| TOTAL ASSETS | 68,043 |
| 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 | 60,579 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 60,579 |
| TOTAL LIABILITIES | 60,579 |
| Regular Reserve | 0 |
| Other Reserves | 2,341 |
| Undivided Earnings | 5,123 |
| TOTAL EQUITY | 7,464 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 68,043 |
| INCOME & EXPENSE | |
| Loan Income | 1,253 |
| Investment Income | 587 |
| Other Income | 90 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 4,433 |
| Non-operating Income & (Expense) | 3,522 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 68 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,198 |
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