Dec, 31, 2023 — CLIFTY CREEK EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in MADISON, IN with 1 branch location and about $16.21 million in total assets. Opened 66 years ago in 1958, CLIFTY CREEK EMPLOYEES FEDERAL CREDIT UNION has about 1,519 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CLIFTY CREEK EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 975 INDUSTRIAL DR STE 4 MADISON, IN 47250 |
| Phone: | (812) 265-4881 |
| Fax: | (812) 265-4881 |
| Website: | https://bsdc.onlinecu.com/cliftycree |
| Branches: | 1 branch locations |
| Members: | 1,519 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12152 |
|---|---|
| Membership Type: | Service - Communications and Utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $16,210,101 |
| CEO/Manager: | Tracey W Carter |
| Chairperson: | George Lee W McDole |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 665,251 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 965,634 |
| Other Loans | 12,459,707 |
| TOTAL LOANS | 13,425,341 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -84,947 |
| Land And Building | 0 |
| Other Fixed Assets | 10,168 |
| NCUSIF Deposit | 124,966 |
| All Other Assets | 0 |
| TOTAL ASSETS | 16,210,101 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 44,237 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,649 |
| Regular shares | 6,967,878 |
| All Other Shares & Deposits | 6,372,088 |
| TOTAL SHARES & DEPOSITS | 13,341,615 |
| TOTAL LIABILITIES | 13,385,852 |
| Regular Reserve | 0 |
| Other Reserves | 476,159 |
| Undivided Earnings | 2,348,090 |
| TOTAL EQUITY | 2,824,249 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 16,210,101 |
| INCOME & EXPENSE | |
| Loan Income | 624,400 |
| Investment Income | 46,965 |
| Other Income | 1,869 |
| Total Employee Compensation & Benefits | 227,260 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 135,763 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,000 |
| Cost of Funds | 246,234 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 74,369 |
| ↑ Back to Top | |