Form D · Other Banking and Financial Services
Credit Union 1
Lombard, IL · CIK 0001965830
Offering snapshot reported Jun 25, 2024 · SEC filing
- Reported sold
- $20.5M Offering amount: $30M
- Investors reported
- 3 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- Jan 30, 2023 As reported in this filing
Fundraising history
Reported soldDates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.
What changed?
Latest filing versus its linked predecessor, where available.
- Reported sold$15,500,000 → $20,500,000
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Jun 25, 2024 | Amendment | $20,500,000 | $5,000,000vs Apr 2, 2024 | 3 | SEC filing |
| Apr 2, 2024 | Amendment | $15,500,000 | $5,000,000vs Apr 13, 2023 | 3 | SEC filing |
| Apr 13, 2023 | Amendment | $10,500,000 | $5,000,000vs Feb 14, 2023 | 3 | SEC filing |
| Feb 14, 2023 | Initial | $5,500,000 | No comparison | 2 | SEC filing |
Offering details
- Securities
- Debt
- Exemptions
- 06b
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $615K (estimated)
- Finders' fees
- $0
- Form D file number
- 021-473439
Issuer has paid Raymond James & Associates a total of $615,000 in connection with the issuance of $20.5 million of subordinated debt, including $465,000 paid in connection with the prior issuance of $15.5 million of subordinated debt.
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| Raymond James & Associates, Inc. | 705 |
Source: Form D, filed Jun 25, 2024. Minimum accepted may differ from a standard advertised minimum.
Fund connections
No confirmed ADV fund connection is available for this issuer.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| Kevin Allen | Executive |
| Bob Eberhardt | Director |
| Michael Eck | Executive |
| Paul Fichter | Executive |
| Todd Gunderson | Director, Executive |
| Sue Heyen | Executive |
| Michael Hirt | Executive |
| Dan Long | Director |
| Scott Mc Donald | Executive |
| Hallie Olson | Director |
| Jeff Rothmeyer | Executive |
| Paul Simons | Director |
| David Thurston | Director |
| Rex Tolliver | Director |
| Thomas Wells, Jr. | Director |
| Kent Yager | Director |
Issuer details
Industry: Other Banking and Financial Services (See others in industry)
Address:Lombard, IL, 60148