Mar, 31, 2021 — INDIANA STATE UNIVERSITY FEDERAL CREDIT UNION is a federal credit union headquartered in Terre Haute, IN with 1 branch location and about $127.58 million in total assets. Opened 61 years ago in 1960, INDIANA STATE UNIVERSITY FEDERAL CREDIT UNION has about 9,726 members and employs 27 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | INDIANA STATE UNIVERSITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 444 N 3rd St Terre Haute, IN 47807 |
| Phone: | (812) 234-1021 |
| Fax: | (812) 235-5646 |
| Website: | http://www.isucreditunion.com |
| Branches: | 1 branch locations |
| Members: | 9,726 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13616 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Jun 01, 2020 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $127,578,039 |
| CEO/Manager: | Trent C Kerr |
| Chairperson: | Andrew Southard |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 24,694,308 |
| TOTAL INVESTMENTS | 14,434,628 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 28,980,560 |
| Unsecured Loans | 3,276,176 |
| Other Loans | 51,268,518 |
| TOTAL LOANS | 83,525,254 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -220,226 |
| Land And Building | 1,305,038 |
| Other Fixed Assets | 327,763 |
| NCUSIF Deposit | 1,019,892 |
| All Other Assets | 2,491,382 |
| TOTAL ASSETS | 127,578,039 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 18,437 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 737,554 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 21,132,494 |
| Regular shares | 35,427,381 |
| All Other Shares & Deposits | 57,806,249 |
| TOTAL SHARES & DEPOSITS | 114,366,124 |
| TOTAL LIABILITIES | 115,122,115 |
| Regular Reserve | 1,684,953 |
| Other Reserves | 0 |
| Undivided Earnings | 10,770,971 |
| TOTAL EQUITY | 12,455,924 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 127,578,039 |
| INCOME & EXPENSE | |
| Loan Income | 908,846 |
| Investment Income | 43,657 |
| Other Income | 154,856 |
| Total Employee Compensation & Benefits | 544,929 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 395,751 |
| Non-operating Income & (Expense) | -50 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -9,491 |
| Cost of Funds | 86,613 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 269,956 |
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