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HUNTINGTON COUNTY FEDERAL CREDIT UNION

Dec, 31, 2023 — HUNTINGTON COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in HUNTINGTON, IN with 1 branch location and about $4.15 million in total assets. Opened 60 years ago in 1964, HUNTINGTON COUNTY FEDERAL CREDIT UNION has about 702 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:HUNTINGTON COUNTY FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 804
HUNTINGTON, IN 46750-0804
Phone:(260) 356-6400
Fax:(260) 356-6450
Website:https://www.hcfcuonline.org
Branches:1 branch locations
Members:702
Credit Union Type:Federal Credit Union
Charter Number:16171
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1964
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$4,146,095
CEO/Manager:Carolyn Mikesell
Chairperson:Tim Albertson

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 776,772
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 216,453
 Other Loans 2,468,744
 TOTAL LOANS 2,685,197
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -11,305
 Land And Building 86,824
 Other Fixed Assets 1,626
 NCUSIF Deposit 33,150
 All Other Assets 0
  TOTAL ASSETS 4,146,095
LIABILITIES & CAPITAL:  
 Dividends Payable 51
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 15,609
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 707,782
 Regular shares 2,669,273
 All Other Shares & Deposits 486,322
  TOTAL SHARES & DEPOSITS 3,863,377
  TOTAL LIABILITIES 3,879,037
 Regular Reserve 0
 Other Reserves 275,811
 Undivided Earnings -8,753
  TOTAL EQUITY 267,058
  TOTAL LIABILITIES, SHARES, & EQUITY 4,146,095
INCOME & EXPENSE  
 Loan Income 93,064
 Investment Income 4,183
 Other Income 29,728
 Total Employee Compensation & Benefits 53,528
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 136,825
 Non-operating Income & (Expense) 17,913
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 4,165
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -38,675
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