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TAYLORVILLE SCHOOL EMPLOYEES CREDIT UNION

Dec, 31, 2023 — TAYLORVILLE SCHOOL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in TAYLORVILLE, IL with 0 branch location and about $2.04 million in total assets. Opened 69 years ago in 1955, TAYLORVILLE SCHOOL EMPLOYEES CREDIT UNION has about 425 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:TAYLORVILLE SCHOOL EMPLOYEES CREDIT UNION
Address:
(Main Office)
821 W Pauline St
TAYLORVILLE, IL 62568
Phone:(217) 824-5626
Fax:(217) 824-5626
Website:n/a
Branches:0 branch locations
Members:425
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:65874
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1955
Last Audited:Sep 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$2,039,872
CEO/Manager:Nancy A Montgomery
Chairperson:Pamela DeWerff

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 190,866
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 178,822
 Other Loans 1,129,527
 TOTAL LOANS 1,308,349
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -25,681
 Land And Building 0
 Other Fixed Assets 359
 NCUSIF Deposit 13,832
 All Other Assets 0
  TOTAL ASSETS 2,039,872
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 773
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,648,665
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,648,665
  TOTAL LIABILITIES 1,649,438
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 390,434
  TOTAL EQUITY 390,434
  TOTAL LIABILITIES, SHARES, & EQUITY 2,039,872
INCOME & EXPENSE  
 Loan Income 52,004
 Investment Income 18,139
 Other Income 0
 Total Employee Compensation & Benefits 18,483
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 29,484
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 7,818
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 14,358
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