Dec, 31, 2023 — FINANCIAL HEALTH FEDERAL CREDIT UNION is a federal credit union headquartered in INDIANAPOLIS, IN with 6 branch locations and about $35.22 million in total assets. Opened 53 years ago in 1971, FINANCIAL HEALTH FEDERAL CREDIT UNION has about 7,776 members and employs 17 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | FINANCIAL HEALTH FEDERAL CREDIT UNION |
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Address: (Main Office) | 777 INDIANA AVE INDIANAPOLIS, IN 46202-3101 |
Phone: | (317) 559-7175 |
Fax: | (317) 559-7184 |
Website: | https://financialhealthfcu.org |
Branches: | 6 branch locations |
Members: | 7,776 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 20793 |
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Membership Type: | Multiple common bond - Primarily health care |
Corporate Credit Union: | No |
Year Opened: | 1971 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $35,216,800 |
CEO/Manager: | Monica E Gilbert |
Chairperson: | Steven Jones |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,635,983 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,740,795 |
Unsecured Loans | 3,073,969 |
Other Loans | 9,036,238 |
TOTAL LOANS | 13,851,002 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -563,541 |
Land And Building | 0 |
Other Fixed Assets | 154,258 |
NCUSIF Deposit | 341,028 |
All Other Assets | 8,651 |
TOTAL ASSETS | 35,216,800 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 272 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 770,419 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 7,503,870 |
Regular shares | 17,827,608 |
All Other Shares & Deposits | 5,751,505 |
TOTAL SHARES & DEPOSITS | 31,082,983 |
TOTAL LIABILITIES | 31,853,674 |
Regular Reserve | 0 |
Other Reserves | 204,796 |
Undivided Earnings | 3,158,330 |
TOTAL EQUITY | 3,363,126 |
TOTAL LIABILITIES, SHARES, & EQUITY | 35,216,800 |
INCOME & EXPENSE | |
Loan Income | 1,162,032 |
Investment Income | 454,215 |
Other Income | 1,631,932 |
Total Employee Compensation & Benefits | 1,302,883 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,750,722 |
Non-operating Income & (Expense) | 67,814 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 365,209 |
Cost of Funds | 132,085 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -148,626 |
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