Organizations Filed Purposes:
ILLINOIS STATE CHARTERED CREDIT UNION OPERATED FOR THE MUTUAL BENEFIT OF ITS MEMBERS. THE CREDIT UNION MAKES LOANS TO MEMBERS AND PAYS DIVIDENDS TO MEMBERS WITH SHARE SAVINGS DEPOSITS AT A COMPETATIVE RATE IF INTEREST.
TO ASSIST OUR MEMBERS IN THE MANAGEMENT OF THEIR FINANCIAL WELL-BEING BY PROVIDING LOANS , SAVINGS ACCOUNTS AND OTHER FINANCIAL INSTITUTION SERVICES IN A FRIENDLY AND PROFESSIONAL MANNER.
CREDIT UNION MAKES AND SERVICES CONSUMER LOANS TO ITS MEMBERS. THE NUMBER OF CONSUMER LOANS OUTSTANDING AT 12/31/2019 WAS 1,495 FOR A TOTAL OF $9,196,021
RECEIVED DEPOSITS ON SAVINGS FROM 4,268 MEMBERS. PAID OUT $69,371 IN DIVIDENDS TO ITS MEMBERS AT A MARKET RATE OF INTEREST ON $14,455,823 OF TOTAL SAVINGS AT DECEMBER 2019
PROVIDED CHECKING ACCOUNT AND OVERDRAFT SERVICES TO 1,381 MEMBERS.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Deborah Walker Fears | PRESIDENT/CEO | 50 | $88,722 |
| Robert M Palumbo Sr | PRESIDENT | 50 | $55,567 |
| Kenneth Allen | DIRECTOR | 1 | $0 |
| Laneda R Pitts | DIRECTOR | 1 | $0 |
| Eddie T Todd | DIRECTOR | 1 | $0 |
| Ervin Gardner | TREASURER OF THE BOARD | 1 | $0 |
| Carol Cook | SECRETARY OF THE BOARD | 1 | $0 |
| Barbara J Singleton | VICE CHAIRMAN OF THE BOARD | 1 | $0 |
| Charles E May | CHAIRMAN OF THE BOARD | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202041979349306634_public.xml