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EVANSVILLE FEDERAL CREDIT UNION

Mar, 31, 2022 — EVANSVILLE FEDERAL CREDIT UNION is a federal credit union headquartered in EVANSVILLE, IN with 3 branch locations and about $93.88 million in total assets. Opened 61 years ago in 1961, EVANSVILLE FEDERAL CREDIT UNION has about 6,460 members and employs 19 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:http://www.evansvillefcu.org
Branches:3 branch locations
Members:6,460
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:$93,881,055
CEO/Manager:Michael Sills
Chairperson:Rosemary Harmon

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 6,973,888
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 30,204,790
 Unsecured Loans 3,366,521
 Other Loans 11,563,571
 TOTAL LOANS 45,134,882
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -36,726
 Land And Building 1,434,190
 Other Fixed Assets 123,127
 NCUSIF Deposit 734,087
 All Other Assets 0
  TOTAL ASSETS 93,881,055
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,038,198
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 20,964,708
 Regular shares 32,798,922
 All Other Shares & Deposits 28,525,006
  TOTAL SHARES & DEPOSITS 82,288,636
  TOTAL LIABILITIES 83,326,834
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 10,554,221
  TOTAL EQUITY 10,554,221
  TOTAL LIABILITIES, SHARES, & EQUITY 93,881,055
INCOME & EXPENSE  
 Loan Income 465,633
 Investment Income 47,814
 Other Income 100,436
 Total Employee Compensation & Benefits 185,633
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 445,370
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -51,508
 Cost of Funds 53,738
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 94,612
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