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STERLING UNITED FEDERAL CREDIT UNION

Jun, 30, 2024 — STERLING UNITED FEDERAL CREDIT UNION is a federal credit union headquartered in EVANSVILLE, IN with 2 branch locations and about $80.48 million in total assets. Opened 69 years ago in 1956, STERLING UNITED FEDERAL CREDIT UNION has about 8,615 members and employs 23 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 286377874
Name:STERLING UNITED FEDERAL CREDIT UNION
Address:
(Main Office)
1330 W FRANKLIN ST
EVANSVILLE, IN 47710-1028
Phone:(812) 425-0111
Fax:(812) 425-9226
Website:https://www.sufcu.org
Branches:2 branch locations
Members:8,615
Credit Union Type:Federal Credit Union
Charter Number:11273
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1956
Last Audited:Mar 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$80,479,075
CEO/Manager:Daniel Bullock
Chairperson:Dennis Lamey

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,401,470
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 26,497,863
 Unsecured Loans 2,128,895
 Other Loans 29,296,572
 TOTAL LOANS 57,923,330
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -288,553
 Land And Building 1,063,042
 Other Fixed Assets 144,059
 NCUSIF Deposit 668,467
 All Other Assets 0
  TOTAL ASSETS 80,479,075
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 835,875
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 23,551,095
 Regular shares 33,760,346
 All Other Shares & Deposits 13,252,982
  TOTAL SHARES & DEPOSITS 70,564,423
  TOTAL LIABILITIES 71,400,298
 Regular Reserve 0
 Other Reserves 1,030,095
 Undivided Earnings 8,048,682
  TOTAL EQUITY 9,078,777
  TOTAL LIABILITIES, SHARES, & EQUITY 80,479,075
INCOME & EXPENSE  
 Loan Income 1,763,992
 Investment Income 329,725
 Other Income 388,005
 Total Employee Compensation & Benefits 1,022,249
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,030,889
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 209,582
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 599,079
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