Sep, 30, 2025 — AFENA FEDERAL CREDIT UNION is a federal credit union headquartered in MARION, IN with 3 branch locations and about $95.22 million in total assets. Opened 68 years ago in 1958, AFENA FEDERAL CREDIT UNION has about 9,053 members and employs 31 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | AFENA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 935 N Baldwin Ave MARION, IN 46952 |
| Phone: | (765) 664-8089 |
| Fax: | (765) 668-4331 |
| Website: | https://www.afenafcu.org |
| Branches: | 3 branch locations |
| Members: | 9,053 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12153 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $95,216,370 |
| CEO/Manager: | Karen Madry |
| Chairperson: | Mark A Souers |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,596,863 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 15,279,838 |
| Unsecured Loans | 10,594,036 |
| Other Loans | 39,360,761 |
| TOTAL LOANS | 65,234,637 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,088,896 |
| Land And Building | 5,193,136 |
| Other Fixed Assets | 1,551,230 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 818,997 |
| All Other Assets | 49,825 |
| TOTAL ASSETS | 95,216,370 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 52,099 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 645,983 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 2,800,000 |
| Share Drafts | 11,448,055 |
| Regular shares | 33,767,760 |
| All Other Shares & Deposits | 37,818,707 |
| TOTAL SHARES & DEPOSITS | 83,034,522 |
| TOTAL LIABILITIES | 86,536,704 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 8,679,666 |
| TOTAL EQUITY | 8,679,666 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 95,216,370 |
| INCOME & EXPENSE | |
| Loan Income | 3,466,856 |
| Investment Income | 376,318 |
| Other Income | 487,433 |
| Total Employee Compensation & Benefits | 1,447,442 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,086,284 |
| Non-operating Income & (Expense) | 6,957 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 551,542 |
| Cost of Funds | 1,080,294 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 149,252 |
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