DISTRICT 123 Credit Union Profile

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DISTRICT 123

Charter #17023 | NCUA Region 3 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (708) 952-7749

Fax: (708) 857-5742

Founding Date: N/A

Website: http://d123.virtualcu.net

Personnel & Operations

President: Savaglio, Jane

Manager: Frederick, Kathryn

FT Employees: 0

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 04

Branches: 1

Hours: Wednesdays 10AM to 3:00 PM

Credit Union Profile Summary

DISTRICT 123 is a FCU Credit Union. With a total of 269 members [1], this institution manages approximately $2,161,304 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 32.83% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -28.25% [1].

Financial Snapshot

Total Assets [1]
$2,161,304

Total economic resources.

Total Loans [1]
$482,083

Total value of outstanding loans.

Total Deposits [1]
$1,449,983

Total funds deposited by members.

Members [1]
269

Number of active members.

Performance Ratios

Net Worth Ratio [1]
32.83%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.06%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
33.25%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
-8.98%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-28.25%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-0.74%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

10425 S Kolmar Ave

Oak Lawn, IL, 60453-4847

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by DISTRICT 123 (Charter #17023).

Main Office

corporate Main Office

Type: Corporate Office

9830 Brandt Ave

Oak Lawn, IL 60453

Phone: (708) 952-7749

Services: Member Services

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