SILGAN WHITE CAP CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.silgancreditunion.com for more information.
Dec, 31, 2023 — SILGAN WHITE CAP CREDIT UNION is a federally insured state chartered credit union headquartered in Downers Grove, IL with 1 branch location and about $2.99 million in total assets. Opened 89 years ago in 1935, SILGAN WHITE CAP CREDIT UNION has about 482 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SILGAN WHITE CAP CREDIT UNION |
|---|---|
| Address: (Main Office) | 1140 W 31st Street Downers Grove, IL 60515 |
| Phone: | (630) 515-5144 |
| Fax: | (630) 515-3410 |
| Website: | https://www.silgancreditunion.com |
| Branches: | 1 branch locations |
| Members: | 482 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68176 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,992,246 |
| CEO/Manager: | Carolyn R Callard |
| Chairperson: | Richard Cormack |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,420,033 |
| TOTAL INVESTMENTS | 778,544 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 157,551 |
| Other Loans | 627,551 |
| TOTAL LOANS | 785,102 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -17,000 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 20,150 |
| All Other Assets | 5,417 |
| TOTAL ASSETS | 2,992,246 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 4,030 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,224,460 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 2,224,460 |
| TOTAL LIABILITIES | 2,228,490 |
| Regular Reserve | 186,681 |
| Other Reserves | 0 |
| Undivided Earnings | 577,075 |
| TOTAL EQUITY | 763,756 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,992,246 |
| INCOME & EXPENSE | |
| Loan Income | 35,405 |
| Investment Income | 3,180 |
| Other Income | 447 |
| Total Employee Compensation & Benefits | 23,667 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 10,793 |
| Non-operating Income & (Expense) | -51 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -3,017 |
| Cost of Funds | 7,325 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 213 |
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