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GREAT HORIZONS FEDERAL CREDIT UNION

Sep, 30, 2025 — GREAT HORIZONS FEDERAL CREDIT UNION is a federal credit union headquartered in MUNSTER, IN with 1 branch location and about $3.61 million in total assets. Opened 49 years ago in 1977, GREAT HORIZONS FEDERAL CREDIT UNION has about 451 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:GREAT HORIZONS FEDERAL CREDIT UNION
Address:
(Main Office)
7550 Hohman Ave
MUNSTER, IN 46321
Phone:(219) 513-8872
Fax:(219) 513-8894
Website:https://www.greathorizonsfcu.org
Branches:1 branch locations
Members:451
Credit Union Type:Federal Credit Union
Charter Number:22695
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1977
Last Audited:Jun 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$3,607,335
CEO/Manager:Laura Franckevicius
Chairperson:Michael Gulley

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 966,931
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 553,996
 Unsecured Loans 242,491
 Other Loans 1,537,090
 TOTAL LOANS 2,333,576
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -40,833
 Land And Building 0
 Other Fixed Assets 645
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 26,606
 All Other Assets 0
  TOTAL ASSETS 3,607,335
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 24,942
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,350,644
 All Other Shares & Deposits 377,960
  TOTAL SHARES & DEPOSITS 2,728,604
  TOTAL LIABILITIES 2,753,546
 Regular Reserve 0
 Other Reserves 117,175
 Undivided Earnings 736,614
  TOTAL EQUITY 853,789
  TOTAL LIABILITIES, SHARES, & EQUITY 3,607,335
INCOME & EXPENSE  
 Loan Income 154,547
 Investment Income 28,811
 Other Income 6,085
 Total Employee Compensation & Benefits 65,810
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 62,604
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,207
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 59,822
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