Credit Unions Near Me
National Credit Union Service Organization

BUSINESS AND INDUSTRIAL FEDERAL CREDIT UNION

Dec, 31, 2020 — BUSINESS AND INDUSTRIAL FEDERAL CREDIT UNION is a federal credit union headquartered in COLUMBUS, IN with 2 branch locations and about $43.43 million in total assets. Opened 61 years ago in 1960, BUSINESS AND INDUSTRIAL FEDERAL CREDIT UNION has about 5,362 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.


Name:BUSINESS AND INDUSTRIAL FEDERAL CREDIT UNION
Address:
(Main Office)
740 N MARR RD
COLUMBUS, IN 47201
Phone:(812) 372-6091
Fax:(812) 372-6093
Website:http://www.busindcu.com
Branches:2 branch locations
Members:5,362
Credit Union Type:Federal Credit Union
Charter Number:13940
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1960
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$43,432,202
CEO/Manager:Aaron J Wilp
Chairperson:Jerry L Williams

Call Report

  • Commercial Loans
  • Credit Builder
  • Micro Business Loans
  • Micro Consumer Loans
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 10,970,896
TOTAL INVESTMENTS 19,589,447
Loans Held for Sale 0
 
 Real Estate Loans 650,585
 Unsecured Loans 458,033
 Other Loans 10,507,074
 TOTAL LOANS 11,615,692
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -11,662
 Land And Building 606,684
 Other Fixed Assets 79,015
 NCUSIF Deposit 323,432
 All Other Assets 258,698
  TOTAL ASSETS 43,432,202
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 67,460
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 9,148,805
 Regular shares 21,081,714
 All Other Shares & Deposits 7,422,365
  TOTAL SHARES & DEPOSITS 37,652,884
  TOTAL LIABILITIES 37,720,344
 Regular Reserve 1,352,376
 Other Reserves 0
 Undivided Earnings 4,359,482
  TOTAL EQUITY 5,711,858
  TOTAL LIABILITIES, SHARES, & EQUITY 43,432,202
INCOME & EXPENSE  
 Loan Income 537,774
 Investment Income 452,433
 Other Income 460,017
 Total Employee Compensation & Benefits 503,320
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 688,359
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -1,294
 Cost of Funds 27,323
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 232,516
↑ Back to Top

Other Credit Unions

INDIANAPOLIS' NEWSPAPER FEDERAL CREDIT UNION
126 S Meridian Street
INDIANAPOLIS, IN 46225-1046
BAR-CONS FEDERAL CREDIT UNION
1142 N MARR RD
COLUMBUS, IN 47201
JACKSON COUNTY CO-OP CREDIT UNION
705 WEST SECOND STREET
SEYMOUR, IN 47274
MEMBERS CHOICE FEDERAL CREDIT UNION
520 W Patterson Drive
BLOOMINGTON, IN 47403
CLIFTY CREEK EMPLOYEES FEDERAL CREDIT UNION
P.O. BOX 8
MADISON, IN 47250
JEFFERSON COMMUNITY FEDERAL CREDIT UNION
PO Box 129
MADISON, IN 47250
ENERGY PLUS CREDIT UNION
1230 W Morris St
INDIANAPOLIS, IN 46221-1710
HARVESTER FINANCIAL CREDIT UNION
7020 Brookville Rd
INDIANAPOLIS, IN 46239
INDIANAPOLIS POST OFFICE CREDIT UNION
PO Box 724
INDIANAPOLIS, IN 46206
FAMILY HORIZONS CREDIT UNION
6665 E 21st St
INDIANAPOLIS, IN 46219