Jun, 30, 2024 — VIGO COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in TERRE HAUTE, IN with 1 branch location and about $44.53 million in total assets. Opened 90 years ago in 1935, VIGO COUNTY FEDERAL CREDIT UNION has about 9,404 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | VIGO COUNTY FEDERAL CREDIT UNION |
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Address: (Main Office) | 128 S 8th St TERRE HAUTE, IN 47807-3704 |
Phone: | (812) 232-9697 |
Fax: | (812) 232-9698 |
Website: | https://vigocountyfcu.org |
Branches: | 1 branch locations |
Members: | 9,404 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 138 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1935 |
Last Audited: | Jun 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $44,531,542 |
CEO/Manager: | Dale K Burkitt |
Chairperson: | Charles Shacklee |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,299,856 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 5,337,147 |
Unsecured Loans | 852,384 |
Other Loans | 19,689,404 |
TOTAL LOANS | 25,878,935 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -83,080 |
Land And Building | 1,611,939 |
Other Fixed Assets | 70,682 |
NCUSIF Deposit | 403,222 |
All Other Assets | 49,256 |
TOTAL ASSETS | 44,531,542 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 73 |
Notes & Interest Payable | 60,000 |
Accounts Payable & Other Liabilities | 142,219 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 12,628,817 |
Regular shares | 27,499,601 |
All Other Shares & Deposits | 1,762,882 |
TOTAL SHARES & DEPOSITS | 41,891,300 |
TOTAL LIABILITIES | 42,093,592 |
Regular Reserve | 0 |
Other Reserves | 249,523 |
Undivided Earnings | 2,188,427 |
TOTAL EQUITY | 2,437,950 |
TOTAL LIABILITIES, SHARES, & EQUITY | 44,531,542 |
INCOME & EXPENSE | |
Loan Income | 657,232 |
Investment Income | 117,286 |
Other Income | 89,733 |
Total Employee Compensation & Benefits | 477,186 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 606,191 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 6,867 |
Cost of Funds | 18,746 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 256,975 |
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