Jun, 30, 2024 — JEFFERSON COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in MADISON, IN with 1 branch location and about $18.45 million in total assets. Opened 56 years ago in 1969, JEFFERSON COMMUNITY FEDERAL CREDIT UNION has about 2,402 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | JEFFERSON COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 545 Ivy Tech Dr MADISON, IN 47250 |
| Phone: | (812) 265-3003 |
| Fax: | (812) 273-2609 |
| Website: | https://jcfcu.com |
| Branches: | 1 branch locations |
| Members: | 2,402 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 19319 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1969 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $18,448,102 |
| CEO/Manager: | Stephanie J Marion |
| Chairperson: | Susan Poling |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 7,618,507 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,034,898 |
| Unsecured Loans | 359,057 |
| Other Loans | 5,416,175 |
| TOTAL LOANS | 6,810,130 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -44,928 |
| Land And Building | 317,347 |
| Other Fixed Assets | 29,620 |
| NCUSIF Deposit | 167,040 |
| All Other Assets | 0 |
| TOTAL ASSETS | 18,448,102 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 46,756 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,385,816 |
| Regular shares | 11,422,565 |
| All Other Shares & Deposits | 2,288,932 |
| TOTAL SHARES & DEPOSITS | 17,097,313 |
| TOTAL LIABILITIES | 17,144,069 |
| Regular Reserve | 0 |
| Other Reserves | 203,203 |
| Undivided Earnings | 1,100,830 |
| TOTAL EQUITY | 1,304,033 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 18,448,102 |
| INCOME & EXPENSE | |
| Loan Income | 201,932 |
| Investment Income | 88,017 |
| Other Income | 51,558 |
| Total Employee Compensation & Benefits | 164,711 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 267,071 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -10,000 |
| Cost of Funds | 10,816 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 20,637 |
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