BEREAN Credit Union Profile

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BEREAN

Charter #66089 | NCUA Region 3 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (773) 924-0381

Fax: (773) 924-0381

Founding Date: N/A

Personnel & Operations

President: Robinson, William

Manager: Washington, Stanley

FT Employees: 0

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 1

Hours: Sun. 9:30a-2:30p Wed. 7p-9p

Credit Union Profile Summary

BEREAN is a FISCU Credit Union. With a total of 261 members [1], this institution manages approximately $211,306 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 16.8% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -30.66% [1].

Financial Snapshot

Total Assets [1]
$211,306

Total economic resources.

Total Loans [1]
$5,209

Total value of outstanding loans.

Total Deposits [1]
$160,963

Total funds deposited by members.

Members [1]
261

Number of active members.

Performance Ratios

Net Worth Ratio [1]
16.8%

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]
4.03%

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

Loan-to-Share Ratio [1]
3.24%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
12.49%

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

Loan Growth (4Q) [1]
-30.66%

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

Member Growth (4Q) [1]
2.35%

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

Headquarters Location & Map

Headquarters Address

5147 S Dearborn St

Chicago, IL, 60609-5327

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 1 branches reported by BEREAN (Charter #66089).

Main Office

Berean Credit Union Main Office

Type: Corporate Office

5147 S Dearborn St

Chicago, IL 60609-5327

Phone: (773) 924-0381

Services: Member Services

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