Dec, 31, 2023 — SIU CREDIT UNION is a federally insured state chartered credit union headquartered in CARBONDALE, IL with 6 branch locations and about $477.22 million in total assets. Opened 86 years ago in 1938, SIU CREDIT UNION has about 44,799 members and employs 116 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SIU CREDIT UNION |
---|---|
Address: (Main Office) | 395 N Giant City Rd CARBONDALE, IL 62902-6403 |
Phone: | (618) 457-3595 |
Fax: | (618) 549-8640 |
Website: | https://www.siucu.org |
Branches: | 6 branch locations |
Members: | 44,799 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 60279 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1938 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $477,217,949 |
CEO/Manager: | Mike Lantrip |
Chairperson: | Christopher Sievers |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 40,803,226 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 63,851,639 |
Unsecured Loans | 35,962,841 |
Other Loans | 231,535,759 |
TOTAL LOANS | 331,350,243 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,217,063 |
Land And Building | 4,765,263 |
Other Fixed Assets | 1,378,958 |
NCUSIF Deposit | 4,126,801 |
All Other Assets | 0 |
TOTAL ASSETS | 477,217,949 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 623 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 6,221,144 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 108,374,837 |
Regular shares | 130,447,534 |
All Other Shares & Deposits | 183,961,152 |
TOTAL SHARES & DEPOSITS | 422,783,523 |
TOTAL LIABILITIES | 429,005,290 |
Regular Reserve | 0 |
Other Reserves | -4,756,670 |
Undivided Earnings | 52,969,329 |
TOTAL EQUITY | 48,212,659 |
TOTAL LIABILITIES, SHARES, & EQUITY | 477,217,949 |
INCOME & EXPENSE | |
Loan Income | 16,133,814 |
Investment Income | 3,126,298 |
Other Income | 4,131,746 |
Total Employee Compensation & Benefits | 7,489,934 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 8,268,654 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,457,355 |
Cost of Funds | 4,467,366 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 4,053,239 |
↑ Back to Top |