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FINANS FEDERAL CREDIT UNION

Sep, 30, 2025 — FINANS FEDERAL CREDIT UNION is a federal credit union headquartered in HAMMOND, IN with 1 branch location and about $9.09 million in total assets. Opened 90 years ago in 1936, FINANS FEDERAL CREDIT UNION has about 1,304 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FINANS FEDERAL CREDIT UNION
Address:
(Main Office)
7017 Kennedy Ave
HAMMOND, IN 46323
Phone:(219) 844-3125
Fax:(219) 844-2540
Website:https://www.finansfcu.org
Branches:1 branch locations
Members:1,304
Credit Union Type:Federal Credit Union
Charter Number:1457
Membership Type:Multiple common bond - Primarily transportation
Corporate Credit Union:No
Year Opened:1936
Last Audited:Mar 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$9,092,733
CEO/Manager:Aileen Irizarry
Chairperson:James Wilson

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 817,747
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 405,324
 Unsecured Loans 287,780
 Other Loans 1,789,044
 TOTAL LOANS 2,566,341
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -26,384
 Land And Building 77,676
 Other Fixed Assets 3,077
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 76,877
 All Other Assets 0
  TOTAL ASSETS 9,092,733
LIABILITIES & CAPITAL:  
 Dividends Payable 2,279
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 29,862
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,020,871
 Regular shares 5,552,139
 All Other Shares & Deposits 1,457,199
  TOTAL SHARES & DEPOSITS 8,030,209
  TOTAL LIABILITIES 8,062,350
 Regular Reserve 0
 Other Reserves 622,064
 Undivided Earnings 408,319
  TOTAL EQUITY 1,030,383
  TOTAL LIABILITIES, SHARES, & EQUITY 9,092,733
INCOME & EXPENSE  
 Loan Income 131,417
 Investment Income 157,413
 Other Income 68,671
 Total Employee Compensation & Benefits 137,566
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 187,408
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 5,410
 Cost of Funds 9,889
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 23,439
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