Dec, 31, 2023 — EAST CHICAGO FIREMEN'S CREDIT UNION is a non-federally insured state credit union headquartered in EAST CHICAGO, IN with 1 branch location and about $774,949 in total assets. Opened 86 years ago in 1938, EAST CHICAGO FIREMEN'S CREDIT UNION has about 152 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | EAST CHICAGO FIREMEN'S CREDIT UNION |
|---|---|
| Address: (Main Office) | 3901 Indianapolis Blvd EAST CHICAGO, IN 46312 |
| Phone: | (219) 397-6921 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 152 |
| Credit Union Type: | Non-Federally Insured State Credit Union |
| Charter Number: | 82772 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Dec 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $774,949 |
| CEO/Manager: | Joanne M DeYoung |
| Chairperson: | Eugene Nowacki |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 130,487 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 19,161 |
| Other Loans | 23,468 |
| TOTAL LOANS | 42,629 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -4,474 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 0 |
| All Other Assets | 0 |
| TOTAL ASSETS | 774,949 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 729 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 635,875 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 635,875 |
| TOTAL LIABILITIES | 636,604 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 138,345 |
| TOTAL EQUITY | 138,345 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 774,949 |
| INCOME & EXPENSE | |
| Loan Income | 3,555 |
| Investment Income | 11,066 |
| Other Income | 145 |
| Total Employee Compensation & Benefits | 9,948 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 10,032 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 74 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -19,520 |
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