Dec, 31, 2020 — INDIANA STATE UNIVERSITY FEDERAL CREDIT UNION is a federal credit union headquartered in Terre Haute, IN with 1 branch location and about $121.36 million in total assets. Opened 61 years ago in 1960, INDIANA STATE UNIVERSITY FEDERAL CREDIT UNION has about 9,682 members and employs 32 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: | http://www.isucreditunion.com |
Branches: | 1 branch locations |
Members: | 9,682 |
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, 2020 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $121,356,573 |
CEO/Manager: | Trent C Kerr |
Chairperson: | Andrew Southard |
ASSETS: | $ Amount |
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Cash & Equivalents | 17,991,971 |
TOTAL INVESTMENTS | 13,786,289 |
Loans Held for Sale | 0 |
Real Estate Loans | 30,228,525 |
Unsecured Loans | 3,706,140 |
Other Loans | 50,737,594 |
TOTAL LOANS | 84,672,259 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -230,707 |
Land And Building | 1,316,863 |
Other Fixed Assets | 344,422 |
NCUSIF Deposit | 1,019,892 |
All Other Assets | 2,455,584 |
TOTAL ASSETS | 121,356,573 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 21,992 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 825,908 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 20,092,511 |
Regular shares | 32,171,518 |
All Other Shares & Deposits | 56,058,676 |
TOTAL SHARES & DEPOSITS | 108,322,705 |
TOTAL LIABILITIES | 109,170,605 |
Regular Reserve | 1,684,953 |
Other Reserves | 0 |
Undivided Earnings | 10,501,015 |
TOTAL EQUITY | 12,185,968 |
TOTAL LIABILITIES, SHARES, & EQUITY | 121,356,573 |
INCOME & EXPENSE | |
Loan Income | 3,748,513 |
Investment Income | 311,264 |
Other Income | 1,237,461 |
Total Employee Compensation & Benefits | 2,101,912 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,615,435 |
Non-operating Income & (Expense) | -441 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 101,126 |
Cost of Funds | 662,166 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 816,158 |
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