Sep, 30, 2025 — ELEMENTS FINANCIAL FEDERAL CREDIT UNION is a federal credit union headquartered in INDIANAPOLIS, IN with 5 branch locations and about $2.44 billion in total assets. Opened 50 years ago in 1976, ELEMENTS FINANCIAL FEDERAL CREDIT UNION has about 98,725 members and employs 185 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ELEMENTS FINANCIAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 225 S East St INDIANAPOLIS, IN 46202 |
| Phone: | (317) 524-5076 |
| Fax: | (317) 655-6171 |
| Website: | https://www.elements.org |
| Branches: | 5 branch locations |
| Members: | 98,725 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 22468 |
|---|---|
| Membership Type: | Multiple common bond - Primarily chemical |
| Corporate Credit Union: | No |
| Year Opened: | 1976 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,442,360,891 |
| CEO/Manager: | John Huesing |
| Chairperson: | Mark Saltsgaver |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 135,009,679 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 8,818,743 |
| Real Estate Loans | 1,268,361,040 |
| Unsecured Loans | 71,022,346 |
| Other Loans | 332,419,781 |
| TOTAL LOANS | 1,671,803,168 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -16,927,786 |
| Land And Building | 0 |
| Other Fixed Assets | 2,141,235 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 15,432,158 |
| All Other Assets | 721,461 |
| TOTAL ASSETS | 2,442,360,891 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 155,000,000 |
| Accounts Payable & Other Liabilities | 26,154,255 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 9,948,103 |
| Share Drafts | 330,771,436 |
| Regular shares | 1,045,789,957 |
| All Other Shares & Deposits | 666,360,753 |
| TOTAL SHARES & DEPOSITS | 2,042,922,147 |
| TOTAL LIABILITIES | 2,236,799,287 |
| Regular Reserve | 0 |
| Other Reserves | -38,365,890 |
| Undivided Earnings | 243,927,494 |
| TOTAL EQUITY | 205,561,604 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,442,360,891 |
| INCOME & EXPENSE | |
| Loan Income | 71,493,232 |
| Investment Income | 19,499,892 |
| Other Income | 1,995,497 |
| Total Employee Compensation & Benefits | 23,016,647 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 19,661,489 |
| Non-operating Income & (Expense) | -112,500 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,880,687 |
| Cost of Funds | 44,767,816 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 21,986,949 |
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