Sep, 30, 2025 — LAMPCO FEDERAL CREDIT UNION is a federal credit union headquartered in ANDERSON, IN with 4 branch locations and about $79.48 million in total assets. Opened 64 years ago in 1962, LAMPCO FEDERAL CREDIT UNION has about 7,665 members and employs 23 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LAMPCO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 5411 Dr Martin Luther King Jr Blvd ANDERSON, IN 46013 |
| Phone: | (765) 649-9226 |
| Fax: | (765) 649-1626 |
| Website: | https://www.lampco.com |
| Branches: | 4 branch locations |
| Members: | 7,665 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15248 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1962 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $79,482,137 |
| CEO/Manager: | Migual Patterson |
| Chairperson: | Lindsey Brown |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,384,669 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 15,926,308 |
| Unsecured Loans | 1,391,293 |
| Other Loans | 45,757,592 |
| TOTAL LOANS | 63,075,193 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -454,989 |
| Land And Building | 2,191,704 |
| Other Fixed Assets | 951,735 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 614,895 |
| All Other Assets | 0 |
| TOTAL ASSETS | 79,482,137 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 500,000 |
| Accounts Payable & Other Liabilities | 482,108 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 14,616,964 |
| Regular shares | 41,248,931 |
| All Other Shares & Deposits | 16,927,658 |
| TOTAL SHARES & DEPOSITS | 72,793,554 |
| TOTAL LIABILITIES | 73,775,662 |
| Regular Reserve | 0 |
| Other Reserves | -854,785 |
| Undivided Earnings | 6,561,260 |
| TOTAL EQUITY | 5,706,475 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 79,482,137 |
| INCOME & EXPENSE | |
| Loan Income | 2,620,193 |
| Investment Income | 195,906 |
| Other Income | 440,911 |
| Total Employee Compensation & Benefits | 1,008,302 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,642,199 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 279,407 |
| Cost of Funds | 277,822 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 418,275 |
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