Sep, 30, 2025 — STERLING UNITED FEDERAL CREDIT UNION is a federal credit union headquartered in EVANSVILLE, IN with 2 branch locations and about $98.55 million in total assets. Opened 70 years ago in 1956, STERLING UNITED FEDERAL CREDIT UNION has about 8,215 members and employs 24 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| 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: | 8,215 |
| 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, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $98,553,090 |
| CEO/Manager: | Daniel Bullock |
| Chairperson: | Alex Colston |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 17,120,293 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 24,025,591 |
| Unsecured Loans | 2,843,685 |
| Other Loans | 41,995,238 |
| TOTAL LOANS | 68,864,515 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -293,351 |
| Land And Building | 1,142,212 |
| Other Fixed Assets | 115,399 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 815,422 |
| All Other Assets | 0 |
| TOTAL ASSETS | 98,553,090 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 19 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 955,724 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 19,380,911 |
| Regular shares | 26,403,225 |
| All Other Shares & Deposits | 41,469,825 |
| TOTAL SHARES & DEPOSITS | 87,253,960 |
| TOTAL LIABILITIES | 88,209,703 |
| Regular Reserve | 0 |
| Other Reserves | 1,030,095 |
| Undivided Earnings | 9,313,292 |
| TOTAL EQUITY | 10,343,387 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 98,553,090 |
| INCOME & EXPENSE | |
| Loan Income | 3,406,560 |
| Investment Income | 676,646 |
| Other Income | 372,013 |
| Total Employee Compensation & Benefits | 1,259,610 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,222,460 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 399,939 |
| Cost of Funds | 1,474,497 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 317,944 |
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