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VIGO COUNTY FEDERAL CREDIT UNION

Dec, 31, 2020 — VIGO COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in Terre Haute, IN with 1 branch location and about $40.62 million in total assets. Opened 86 years ago in 1935, VIGO COUNTY FEDERAL CREDIT UNION has about 9,337 members and employs 10 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: 274976025
Name:VIGO COUNTY FEDERAL CREDIT UNION
Address:
(Main Office)
128 S 8th St
Terre Haute, IN 47807-3704
Phone:(812) 232-9697
Fax:(812) 232-9698
Website:http://vigocountyfcu.org
Branches:1 branch locations
Members:9,337
Credit Union Type:Federal Credit Union
Charter Number:138
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$40,624,795
CEO/Manager:Dale K Burkitt
Chairperson:Charles Shacklee

Call Report

  • Indirect Consumer Loans
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 9,576,972
TOTAL INVESTMENTS 6,262,630
Loans Held for Sale 0
 
 Real Estate Loans 4,159,628
 Unsecured Loans 1,085,040
 Other Loans 18,661,046
 TOTAL LOANS 23,905,714
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -117,590
 Land And Building 250,718
 Other Fixed Assets 129,797
 NCUSIF Deposit 316,520
 All Other Assets 300,034
  TOTAL ASSETS 40,624,795
LIABILITIES & CAPITAL:  
 Dividends Payable 85
 Notes & Interest Payable 60,000
 Accounts Payable & Other Liabilities 165,455
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 120,000
 Share Drafts 10,746,857
 Regular shares 25,036,495
 All Other Shares & Deposits 1,669,286
  TOTAL SHARES & DEPOSITS 37,452,638
  TOTAL LIABILITIES 37,798,178
 Regular Reserve 951,797
 Other Reserves 106,643
 Undivided Earnings 1,768,177
  TOTAL EQUITY 2,826,617
  TOTAL LIABILITIES, SHARES, & EQUITY 40,624,795
INCOME & EXPENSE  
 Loan Income 961,164
 Investment Income 151,090
 Other Income 475,933
 Total Employee Compensation & Benefits 572,362
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 770,703
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 45,190
 Cost of Funds 22,365
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 177,567
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