Form D · Other Banking and Financial Services

Encurage Financial Network Credit Union

Skokie, IL · CIK 0001902935

Offering snapshot reported Aug 23, 2023 · SEC filing

Reported sold
$3M
Offering amount: $6M
Investors reported
2
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Jun 30, 2023
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$1.5M$3MJul 13, 2023: $500,000.00Jul 13, 2023Aug 23, 2023: $3,000,000.00Aug 23, 2023

Dates 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$500,000 → $3,000,000
  • Reported investors1 → 2

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Aug 23, 2023Amendment$3,000,000$2,500,000vs Jul 13, 20232SEC filing
Jul 13, 2023Initial$500,000No comparison1SEC filing
Jan 11, 2022Initial$2,000,000No comparison2SEC filing

Offering details

Securities
Debt
Exemptions
06b
Duration over one year
No
Business combination
No
Sales commissions
$42.5K
Finders' fees
$0
Form D file number
021-486720

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Alloya Corporate Federal Credit UnionNoneCU Investment Solutions LLC · CRD 43753

Source: Form D, filed Aug 23, 2023. 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.

People and organizations reported in Form D filings
NameReported role
Michael Abraham Executive
Jamie Berra Director
Stephanie Bertelsen Executive
Michael Gebhardt Director
John Gregg Executive
William G. Harlan, Jr. Director
S. Polly Kosyla Director
Polly Kosyla Director
Dionne Lewis Director
William J Lump Executive
Mary Lynch Director
Thomas Monticello Director
Jose Perez Director
Michael Ramel Director

Issuer details

Industry: Other Banking and Financial Services (See others in industry)

Address:
5550 W Touhy Avenue Suite 202
Skokie, IL, 60077