Sep, 30, 2025 — HOMETOWN FEDERAL CREDIT UNION is a federal credit union headquartered in PERU, IN with 1 branch location and about $35.53 million in total assets. Opened 90 years ago in 1936, HOMETOWN FEDERAL CREDIT UNION has about 3,971 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HOMETOWN FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 151 N Broadway PERU, IN 46970 |
| Phone: | (765) 472-7600 |
| Fax: | |
| Website: | https://www.hometownfcu.org |
| Branches: | 1 branch locations |
| Members: | 3,971 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1621 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Apr 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $35,534,962 |
| CEO/Manager: | Mark E Lowe |
| Chairperson: | Larry West |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,929,566 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 8,708,074 |
| Unsecured Loans | 473,692 |
| Other Loans | 16,657,828 |
| TOTAL LOANS | 25,839,594 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -404,607 |
| Land And Building | 412,293 |
| Other Fixed Assets | 18,221 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 267,768 |
| All Other Assets | 0 |
| TOTAL ASSETS | 35,534,962 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 12 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 82,906 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,272,705 |
| Regular shares | 17,118,693 |
| All Other Shares & Deposits | 1,696,134 |
| TOTAL SHARES & DEPOSITS | 24,087,532 |
| TOTAL LIABILITIES | 24,170,450 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 11,364,512 |
| TOTAL EQUITY | 11,364,512 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 35,534,962 |
| INCOME & EXPENSE | |
| Loan Income | 1,577,096 |
| Investment Income | 312,785 |
| Other Income | 139,351 |
| Total Employee Compensation & Benefits | 580,616 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 437,021 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 30,000 |
| Cost of Funds | 74,511 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,084,031 |
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