Dec, 31, 2023 — INDIANAPOLIS POST OFFICE CREDIT UNION is a non-federally insured state credit union headquartered in Indianapolis, IN with 1 branch location and about $51.17 million in total assets. Opened 97 years ago in 1927, INDIANAPOLIS POST OFFICE CREDIT UNION has about 3,210 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | INDIANAPOLIS POST OFFICE CREDIT UNION |
|---|---|
| Address: (Main Office) | PO Box 724 Indianapolis, IN 46206 |
| Phone: | (317) 262-1870 |
| Fax: | (317) 262-1869 |
| Website: | https://ipocu.org |
| Branches: | 1 branch locations |
| Members: | 3,210 |
| Credit Union Type: | Non-Federally Insured State Credit Union |
| Charter Number: | 82770 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1927 |
| Last Audited: | Dec 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $51,173,040 |
| CEO/Manager: | Lisa M Tucker |
| Chairperson: | Robin M Bankhead |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 805,259 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,444,959 |
| Other Loans | 9,704,583 |
| TOTAL LOANS | 11,149,542 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -103,552 |
| Land And Building | 0 |
| Other Fixed Assets | 2,145 |
| NCUSIF Deposit | 0 |
| All Other Assets | 0 |
| TOTAL ASSETS | 51,173,040 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 2,850,000 |
| Accounts Payable & Other Liabilities | -63,643 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,674,821 |
| Regular shares | 35,663,628 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 37,338,449 |
| TOTAL LIABILITIES | 40,124,806 |
| Regular Reserve | 0 |
| Other Reserves | -454,340 |
| Undivided Earnings | 11,502,574 |
| TOTAL EQUITY | 11,048,234 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 51,173,040 |
| INCOME & EXPENSE | |
| Loan Income | 523,774 |
| Investment Income | 567,084 |
| Other Income | 52,759 |
| Total Employee Compensation & Benefits | 730,754 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 373,193 |
| Non-operating Income & (Expense) | 11,026 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 160,502 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -109,806 |
| ↑ Back to Top | |