Dec, 31, 2023 — NORTHSIDE L FEDERAL CREDIT UNION is a federal credit union headquartered in BROADVIEW, IL with 1 branch location and about $5.46 million in total assets. Opened 87 years ago in 1937, NORTHSIDE L FEDERAL CREDIT UNION has about 936 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NORTHSIDE L FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1419 W Roosevelt Rd BROADVIEW, IL 60155 |
| Phone: | (708) 345-3231 |
| Fax: | (708) 345-2125 |
| Website: | https://www.nslfcu.com |
| Branches: | 1 branch locations |
| Members: | 936 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 2467 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Dec 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,458,603 |
| CEO/Manager: | Kevin Barrett |
| Chairperson: | Larry Gunn |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 684,808 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 867,616 |
| Other Loans | 1,187,951 |
| TOTAL LOANS | 2,055,567 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -42,880 |
| Land And Building | 18,575 |
| Other Fixed Assets | 27,114 |
| NCUSIF Deposit | 50,231 |
| All Other Assets | 0 |
| TOTAL ASSETS | 5,458,603 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 79,820 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 481,644 |
| Regular shares | 4,149,828 |
| All Other Shares & Deposits | 15,000 |
| TOTAL SHARES & DEPOSITS | 4,646,471 |
| TOTAL LIABILITIES | 4,726,291 |
| Regular Reserve | 0 |
| Other Reserves | 339,848 |
| Undivided Earnings | 392,464 |
| TOTAL EQUITY | 732,312 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,458,603 |
| INCOME & EXPENSE | |
| Loan Income | 197,165 |
| Investment Income | 120,987 |
| Other Income | 23,306 |
| Total Employee Compensation & Benefits | 126,626 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 205,104 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,000 |
| Cost of Funds | 16,502 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 15,206 |
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