LINK FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.linkfcu.org for more information.
Dec, 31, 2023 — LINK FEDERAL CREDIT UNION is a federal credit union headquartered in INDIANAPOLIS, IN with 1 branch location and about $21.35 million in total assets. Opened 41 years ago in 1983, LINK FEDERAL CREDIT UNION has about 2,715 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: | LINK FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 5212 ROCKVILLE RD INDIANAPOLIS, IN 46224 |
| Phone: | (317) 248-9241 |
| Fax: | (317) 240-5048 |
| Website: | https://www.linkfcu.org |
| Branches: | 1 branch locations |
| Members: | 2,715 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 23975 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1983 |
| Last Audited: | Mar 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $21,350,253 |
| CEO/Manager: | Jason Ford |
| Chairperson: | Tom Barker |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,744,596 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 680,510 |
| Unsecured Loans | 2,199,333 |
| Other Loans | 3,400,343 |
| TOTAL LOANS | 6,280,186 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -86,355 |
| Land And Building | 164,203 |
| Other Fixed Assets | 7,670 |
| NCUSIF Deposit | 201,928 |
| All Other Assets | 0 |
| TOTAL ASSETS | 21,350,253 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 6,099 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 89,202 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,233,887 |
| Regular shares | 9,053,099 |
| All Other Shares & Deposits | 4,200,397 |
| TOTAL SHARES & DEPOSITS | 19,487,383 |
| TOTAL LIABILITIES | 19,582,684 |
| Regular Reserve | 0 |
| Other Reserves | 1,103,804 |
| Undivided Earnings | 663,765 |
| TOTAL EQUITY | 1,767,569 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 21,350,253 |
| INCOME & EXPENSE | |
| Loan Income | 379,332 |
| Investment Income | 48,679 |
| Other Income | 174,943 |
| Total Employee Compensation & Benefits | 184,492 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 277,407 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -40,768 |
| Cost of Funds | 15,623 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 166,200 |
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