Dec, 31, 2023 — VIA CREDIT UNION is a federally insured state chartered credit union headquartered in MARION, IN with 6 branch locations and about $547.22 million in total assets. Opened 88 years ago in 1936, VIA CREDIT UNION has about 37,319 members and employs 108 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | VIA CREDIT UNION |
---|---|
Address: (Main Office) | 4505 S Adams St MARION, IN 46953-5351 |
Phone: | (765) 674-6631 |
Fax: | (765) 674-0029 |
Website: | https://www.viacu.org |
Branches: | 6 branch locations |
Members: | 37,319 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68572 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $547,223,102 |
CEO/Manager: | Cindy Kohlmorgen |
Chairperson: | Clyde Thornell III |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 21,493,624 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 110,537,383 |
Unsecured Loans | 18,453,416 |
Other Loans | 304,073,734 |
TOTAL LOANS | 433,108,685 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,483,021 |
Land And Building | 3,418,807 |
Other Fixed Assets | 900,945 |
NCUSIF Deposit | 4,494,293 |
All Other Assets | 122,654 |
TOTAL ASSETS | 547,223,102 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 4,122,926 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 65,182,001 |
Regular shares | 119,336,387 |
All Other Shares & Deposits | 294,347,107 |
TOTAL SHARES & DEPOSITS | 478,865,495 |
TOTAL LIABILITIES | 482,988,421 |
Regular Reserve | 0 |
Other Reserves | 2,130,000 |
Undivided Earnings | 62,104,681 |
TOTAL EQUITY | 64,234,681 |
TOTAL LIABILITIES, SHARES, & EQUITY | 547,223,102 |
INCOME & EXPENSE | |
Loan Income | 18,584,308 |
Investment Income | 2,338,384 |
Other Income | 4,108,393 |
Total Employee Compensation & Benefits | 7,700,428 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 5,551,721 |
Non-operating Income & (Expense) | -129,237 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,010,301 |
Cost of Funds | 6,355,767 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 5,231,385 |
↑ Back to Top |