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EVANSVILLE FEDERAL CREDIT UNION

Dec, 31, 2020 — EVANSVILLE FEDERAL CREDIT UNION is a federal credit union headquartered in Evansville, IN with 3 branch locations and about $80.39 million in total assets. Opened 60 years ago in 1961, EVANSVILLE FEDERAL CREDIT UNION has about 6,643 members and employs 21 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:EVANSVILLE FEDERAL CREDIT UNION
Address:
(Main Office)
PO Box 0651
Evansville, IN 47704-0651
Phone:(812) 424-2621
Fax:(812) 424-2639
Website:http://www.evansvillefcu.org
Branches:3 branch locations
Members:6,643
Credit Union Type:Federal Credit Union
Charter Number:14562
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1961
Last Audited:Jul 01, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$80,389,817
CEO/Manager:Michael Sills
Chairperson:Rosemary Harmon

Call Report

  • Commercial Loans
  • Indirect Consumer Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Health Savings Accounts
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 11,177,678
TOTAL INVESTMENTS 18,715,686
Loans Held for Sale 0
 
 Real Estate Loans 28,449,451
 Unsecured Loans 3,585,953
 Other Loans 13,418,957
 TOTAL LOANS 45,454,361
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -167,144
 Land And Building 1,537,735
 Other Fixed Assets 97,633
 NCUSIF Deposit 651,513
 All Other Assets 2,922,355
  TOTAL ASSETS 80,389,817
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,033,829
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 16,137,794
 Regular shares 27,429,952
 All Other Shares & Deposits 25,894,684
  TOTAL SHARES & DEPOSITS 69,462,430
  TOTAL LIABILITIES 70,496,259
 Regular Reserve 623,916
 Other Reserves 0
 Undivided Earnings 9,269,642
  TOTAL EQUITY 9,893,558
  TOTAL LIABILITIES, SHARES, & EQUITY 80,389,817
INCOME & EXPENSE  
 Loan Income 2,183,315
 Investment Income 187,942
 Other Income 1,610,882
 Total Employee Compensation & Benefits 1,453,521
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,658,241
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -122,508
 Cost of Funds 313,056
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 679,829
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