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HOWARD COUNTY SCHOOL EM FEDERAL CREDIT UNION

Sep, 30, 2025 — HOWARD COUNTY SCHOOL EM FEDERAL CREDIT UNION is a federal credit union headquartered in KOKOMO, IN with 1 branch location and about $31.65 million in total assets. Opened 62 years ago in 1964, HOWARD COUNTY SCHOOL EM FEDERAL CREDIT UNION has about 2,440 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:HOWARD COUNTY SCHOOL EM FEDERAL CREDIT UNION
Address:
(Main Office)
105 W Southway Blvd
KOKOMO, IN 46902
Phone:(765) 453-6688
Fax:(765) 453-4887
Website:https://www.hcsefcu.org
Branches:1 branch locations
Members:2,440
Credit Union Type:Federal Credit Union
Charter Number:16065
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1964
Last Audited:May 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$31,647,554
CEO/Manager:Tracy L Collins
Chairperson:Kendra Metcalf

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,723,909
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,133,670
 Unsecured Loans 665,338
 Other Loans 6,824,188
 TOTAL LOANS 8,623,196
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -12,666
 Land And Building 65,000
 Other Fixed Assets 45,342
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 256,484
 All Other Assets 0
  TOTAL ASSETS 31,647,554
LIABILITIES & CAPITAL:  
 Dividends Payable 26,624
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,658
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 13,725,315
 All Other Shares & Deposits 12,593,497
  TOTAL SHARES & DEPOSITS 26,318,813
  TOTAL LIABILITIES 26,350,095
 Regular Reserve 0
 Other Reserves 589,634
 Undivided Earnings 4,707,825
  TOTAL EQUITY 5,297,459
  TOTAL LIABILITIES, SHARES, & EQUITY 31,647,554
INCOME & EXPENSE  
 Loan Income 375,480
 Investment Income 554,164
 Other Income 685
 Total Employee Compensation & Benefits 122,270
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 154,027
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 38,553
 Cost of Funds 322,545
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 294,708
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