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EVANSVILLE FEDERAL CREDIT UNION

Mar, 31, 2021 — EVANSVILLE FEDERAL CREDIT UNION is a federal credit union headquartered in Evansville, IN with 3 branch locations and about $89.10 million in total assets. Opened 60 years ago in 1961, EVANSVILLE FEDERAL CREDIT UNION has about 6,622 members and employs 22 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:6,622
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:$89,102,304
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 10,772,824
TOTAL INVESTMENTS 26,215,686
Loans Held for Sale 259,000
 
 Real Estate Loans 28,520,427
 Unsecured Loans 3,376,830
 Other Loans 12,714,116
 TOTAL LOANS 44,611,373
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -120,687
 Land And Building 1,518,598
 Other Fixed Assets 99,662
 NCUSIF Deposit 651,513
 All Other Assets 5,094,335
  TOTAL ASSETS 89,102,304
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 969,533
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 20,360,717
 Regular shares 31,628,695
 All Other Shares & Deposits 26,135,457
  TOTAL SHARES & DEPOSITS 78,124,869
  TOTAL LIABILITIES 79,094,402
 Regular Reserve 623,916
 Other Reserves 0
 Undivided Earnings 9,383,986
  TOTAL EQUITY 10,007,902
  TOTAL LIABILITIES, SHARES, & EQUITY 89,102,304
INCOME & EXPENSE  
 Loan Income 489,815
 Investment Income 35,197
 Other Income 58,288
 Total Employee Compensation & Benefits 379,456
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 405,764
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -48,451
 Cost of Funds 67,586
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 114,345
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