Dec, 31, 2023 — INDIANA STATE UNIVERSITY FEDERAL CREDIT UNION is a federal credit union headquartered in TERRE HAUTE, IN with 1 branch location and about $130.13 million in total assets. Opened 64 years ago in 1960, INDIANA STATE UNIVERSITY FEDERAL CREDIT UNION has about 9,565 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: | INDIANA STATE UNIVERSITY FEDERAL CREDIT UNION |
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Address: (Main Office) | 444 N 3rd St TERRE HAUTE, IN 47807 |
Phone: | (812) 234-1021 |
Fax: | (812) 235-5646 |
Website: | https://www.isucreditunion.com |
Branches: | 1 branch locations |
Members: | 9,565 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 13616 |
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Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $130,127,225 |
CEO/Manager: | Marie Sam"""" Shanks |
Chairperson: | Randy Jensen |
ASSETS: | $ Amount |
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Cash & Equivalents | 14,726,767 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 30,722,063 |
Unsecured Loans | 962,828 |
Other Loans | 46,483,712 |
TOTAL LOANS | 78,168,603 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -123,482 |
Land And Building | 2,246,687 |
Other Fixed Assets | 320,967 |
NCUSIF Deposit | 1,129,102 |
All Other Assets | 0 |
TOTAL ASSETS | 130,127,225 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 128,297 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,011,100 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 18,651,610 |
Regular shares | 29,013,329 |
All Other Shares & Deposits | 65,323,297 |
TOTAL SHARES & DEPOSITS | 112,988,236 |
TOTAL LIABILITIES | 114,127,633 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 15,999,592 |
TOTAL EQUITY | 15,999,592 |
TOTAL LIABILITIES, SHARES, & EQUITY | 130,127,225 |
INCOME & EXPENSE | |
Loan Income | 4,444,167 |
Investment Income | 1,150,139 |
Other Income | 746,572 |
Total Employee Compensation & Benefits | 2,511,586 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,063,718 |
Non-operating Income & (Expense) | 500 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -8,238 |
Cost of Funds | 1,384,666 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,162,890 |
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