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CITY TRUST FEDERAL CREDIT UNION

Dec, 31, 2023 — CITY TRUST FEDERAL CREDIT UNION is a federal credit union headquartered in FORT WAYNE, IN with 1 branch location and about $11.40 million in total assets. Opened 71 years ago in 1953, CITY TRUST FEDERAL CREDIT UNION has about 735 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CITY TRUST FEDERAL CREDIT UNION
Address:
(Main Office)
1020 W STATE BLVD
FORT WAYNE, IN 46808-3199
Phone:(260) 483-5661
Fax:(260) 482-2126
Website:https://www.citytrustfcu.com
Branches:1 branch locations
Members:735
Credit Union Type:Federal Credit Union
Charter Number:8472
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1953
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$11,403,395
CEO/Manager:Diane Brown
Chairperson:Ricky Orr

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,466,495
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 478,555
 Unsecured Loans 104,101
 Other Loans 1,279,196
 TOTAL LOANS 1,861,852
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -25,937
 Land And Building 125,140
 Other Fixed Assets 3,857
 NCUSIF Deposit 107,669
 All Other Assets 0
  TOTAL ASSETS 11,403,395
LIABILITIES & CAPITAL:  
 Dividends Payable 68
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 37,965
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,139,474
 Regular shares 6,575,419
 All Other Shares & Deposits 1,355,012
  TOTAL SHARES & DEPOSITS 10,069,905
  TOTAL LIABILITIES 10,107,938
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,295,457
  TOTAL EQUITY 1,295,457
  TOTAL LIABILITIES, SHARES, & EQUITY 11,403,395
INCOME & EXPENSE  
 Loan Income 86,962
 Investment Income 49,992
 Other Income 28,944
 Total Employee Compensation & Benefits 128,745
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 121,525
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 6,798
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -74,155
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