CANALS AND TRAILS CREDIT UNION
838 SOUTH STATE STREET, LOCKPORT, IL 60441 www.canals-trailscu.org

Total Revenue
$927,238
Total Expenses
$810,029
Net Assets
$2,551,603

Organizations Filed Purposes: ILLINOIS STATE CHARTERED CREDIT UNION OPERATED FOR THE MUTUAL BENEFIT OF ITS MEMBERS.

CREDIT UNION MAKES AND SERVICES CONSUMER AND REAL ESTATE LOANS TO MEMBERS. TOTAL NUMBER OF LOANS OUSTANDING AT 12/31/20 WAS 14,931 FOR A TOTAL OF $11,884,237. THE CREDIT UNION ALSO OFFERS AN ATM/DEBIT CARD PROGRAM, MONEY ORDERS, OVERDRAFT LINES OF CREDIT, AND SHARE SECURED CREDIT CARDS.

CREDIT UNION PAYS OUT DIVIDENDS TO ITS MEMBERS ON SHARE DEPOSIT ACCOUNTS AT A MARKET RATE OF INTEREST. TOTAL NUMBER OF SHARE ACCOUNTS AT 12/31/20 WERE 4,811 FOR A TOTAL OF $25,302,395. THE CREDIT UNION ALSO OFFERS CERTIFICATES OF DEPOSITS, IRA ACCOUNTS, CLUB ACCOUNTS, AND MONEY MARKET ACCOUNTS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Janet SchulerPRESIDENT40$84,732
Gerry GadsonTREASURER2$0
Jim WartenbergSECRETARY2$0
Rob CronholmDIRECTOR2$0
Brenda PiryVICE CHAIRMAN2$0
Susan DufaultDIRECTOR2$0
Kent IrvinCHAIRMAN2$0
Max WoodsDIRECTOR2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202131459349300503_public.xml