Jun, 30, 2024 — EVANSVILLE FEDERAL CREDIT UNION is a federal credit union headquartered in EVANSVILLE, IN with 3 branch locations and about $89.50 million in total assets. Opened 64 years ago in 1961, EVANSVILLE FEDERAL CREDIT UNION has about 6,360 members and employs 18 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) | 6209 Vogel Rd EVANSVILLE, IN 47715 |
| Phone: | (812) 424-2621 |
| Fax: | (812) 424-2639 |
| Website: | https://www.evansvillefcu.org |
| Branches: | 3 branch locations |
| Members: | 6,360 |
| 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, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $89,499,195 |
| CEO/Manager: | Jim L Phelps |
| Chairperson: | Rosemary Harmon |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,750,670 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 264,000 |
| Real Estate Loans | 31,104,366 |
| Unsecured Loans | 3,406,066 |
| Other Loans | 12,147,289 |
| TOTAL LOANS | 46,657,721 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -29,892 |
| Land And Building | 1,395,205 |
| Other Fixed Assets | 111,280 |
| NCUSIF Deposit | 751,809 |
| All Other Assets | 0 |
| TOTAL ASSETS | 89,499,195 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 208,630 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 18,595,703 |
| Regular shares | 32,566,130 |
| All Other Shares & Deposits | 27,521,487 |
| TOTAL SHARES & DEPOSITS | 78,683,320 |
| TOTAL LIABILITIES | 78,891,950 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 10,607,245 |
| TOTAL EQUITY | 10,607,245 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 89,499,195 |
| INCOME & EXPENSE | |
| Loan Income | 1,449,148 |
| Investment Income | 239,475 |
| Other Income | 325,297 |
| Total Employee Compensation & Benefits | 715,188 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,364,253 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -68,320 |
| Cost of Funds | 172,128 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 147,637 |
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