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 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$500,000 → $3,000,000
- Reported investors1 → 2
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Aug 23, 2023 | Amendment | $3,000,000 | $2,500,000vs Jul 13, 2023 | 2 | SEC filing |
| Jul 13, 2023 | Initial | $500,000 | No comparison | 1 | SEC filing |
| Jan 11, 2022 | Initial | $2,000,000 | No comparison | 2 | SEC 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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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| Alloya Corporate Federal Credit Union | None | CU 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.
| Name | Reported 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:Skokie, IL, 60077