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LAMPCO FEDERAL CREDIT UNION

Mar, 31, 2021 — LAMPCO FEDERAL CREDIT UNION is a federal credit union headquartered in ANDERSON, IN with 1 branch location and about $69.31 million in total assets. Opened 59 years ago in 1962, LAMPCO FEDERAL CREDIT UNION has about 7,469 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.


ABA Routing Number: 274972582
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:http://www.lampco.com
Branches:1 branch locations
Members:7,469
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$69,311,072
CEO/Manager:Migual Patterson
Chairperson:Rodney Chamberlain

Call Report

  • Commercial Loans
  • Indirect Consumer Loans
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 20,718,402
TOTAL INVESTMENTS 9,925,219
Loans Held for Sale 0
 
 Real Estate Loans 1,519,008
 Unsecured Loans 1,539,707
 Other Loans 26,680,131
 TOTAL LOANS 29,738,846
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -206,901
 Land And Building 2,466,951
 Other Fixed Assets 345,656
 NCUSIF Deposit 593,700
 All Other Assets 5,729,199
  TOTAL ASSETS 69,311,072
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 151,856
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 16,594,980
 Regular shares 42,543,565
 All Other Shares & Deposits 7,477,383
  TOTAL SHARES & DEPOSITS 66,615,928
  TOTAL LIABILITIES 66,767,784
 Regular Reserve 1,170,442
 Other Reserves -1,730,123
 Undivided Earnings 3,102,969
  TOTAL EQUITY 2,543,288
  TOTAL LIABILITIES, SHARES, & EQUITY 69,311,072
INCOME & EXPENSE  
 Loan Income 377,996
 Investment Income 26,282
 Other Income 112,192
 Total Employee Compensation & Benefits 274,591
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 399,730
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 749
 Cost of Funds 23,885
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -63,926
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