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INDIANA STATE UNIVERSITY FEDERAL CREDIT UNION

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.


ABA Routing Number: 274975932
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:https://www.isucreditunion.com
Branches:1 branch locations
Members:9,565
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, 2023
FHLB Member:Yes
Low Income Designation:No
Assets:$130,127,225
CEO/Manager:Marie Sam"""" Shanks
Chairperson:Randy Jensen

Call Report

  • First Time Homebuyer Program

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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