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STERLING UNITED FEDERAL CREDIT UNION

Mar, 31, 2021 — STERLING UNITED FEDERAL CREDIT UNION is a federal credit union headquartered in EVANSVILLE, IN with 3 branch locations and about $80.10 million in total assets. Opened 65 years ago in 1956, STERLING UNITED FEDERAL CREDIT UNION has about 8,541 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 STREET
EVANSVILLE, IN 47710-1028
Phone:(812) 425-0111
Fax:(812) 425-9226
Website:http://www.sufcu.org
Branches:3 branch locations
Members:8,541
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$80,101,859
CEO/Manager:Daniel Bullock
Chairperson:Greg Williams

Call Report

  • Commercial Loans
  • Indirect Consumer Loans
  • Micro Business Loans
  • Micro Consumer Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 11,649,649
TOTAL INVESTMENTS 23,647,432
Loans Held for Sale 0
 
 Real Estate Loans 26,075,002
 Unsecured Loans 1,770,706
 Other Loans 14,689,919
 TOTAL LOANS 42,535,627
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -285,710
 Land And Building 1,111,148
 Other Fixed Assets 190,920
 NCUSIF Deposit 627,654
 All Other Assets 625,139
  TOTAL ASSETS 80,101,859
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 623,011
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 24,866,236
 Regular shares 32,867,697
 All Other Shares & Deposits 13,980,503
  TOTAL SHARES & DEPOSITS 71,714,436
  TOTAL LIABILITIES 72,337,447
 Regular Reserve 1,030,095
 Other Reserves 0
 Undivided Earnings 6,734,317
  TOTAL EQUITY 7,764,412
  TOTAL LIABILITIES, SHARES, & EQUITY 80,101,859
INCOME & EXPENSE  
 Loan Income 414,885
 Investment Income 148,497
 Other Income 86,437
 Total Employee Compensation & Benefits 300,378
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 377,872
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 81,401
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 61,198
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