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 |
|---|---|
| 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 |
|---|---|
| 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 |
|---|---|
| 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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