Jun, 30, 2024 — LINK FEDERAL CREDIT UNION is a federal credit union headquartered in INDIANAPOLIS, IN with 1 branch location and about $21.35 million in total assets. Opened 41 years ago in 1983, LINK FEDERAL CREDIT UNION has about 2,715 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | LINK FEDERAL CREDIT UNION |
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Address: (Main Office) | 5212 Rockville Rd INDIANAPOLIS, IN 46224 |
Phone: | (317) 248-9241 |
Fax: | (317) 240-5048 |
Website: | https://www.linkfcu.org |
Branches: | 1 branch locations |
Members: | 2,715 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 23975 |
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Membership Type: | Multiple common bond - other |
Corporate Credit Union: | No |
Year Opened: | 1983 |
Last Audited: | Mar 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $21,350,253 |
CEO/Manager: | Jason Ford |
Chairperson: | Tom Barker |
ASSETS: | $ Amount |
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Cash & Equivalents | 8,744,596 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 680,510 |
Unsecured Loans | 2,199,333 |
Other Loans | 3,400,343 |
TOTAL LOANS | 6,280,186 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -86,355 |
Land And Building | 164,203 |
Other Fixed Assets | 7,670 |
NCUSIF Deposit | 201,928 |
All Other Assets | 0 |
TOTAL ASSETS | 21,350,253 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 6,099 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 89,202 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 6,233,887 |
Regular shares | 9,053,099 |
All Other Shares & Deposits | 4,200,397 |
TOTAL SHARES & DEPOSITS | 19,487,383 |
TOTAL LIABILITIES | 19,582,684 |
Regular Reserve | 0 |
Other Reserves | 1,103,804 |
Undivided Earnings | 663,765 |
TOTAL EQUITY | 1,767,569 |
TOTAL LIABILITIES, SHARES, & EQUITY | 21,350,253 |
INCOME & EXPENSE | |
Loan Income | 379,332 |
Investment Income | 48,679 |
Other Income | 174,943 |
Total Employee Compensation & Benefits | 184,492 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 277,407 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -40,768 |
Cost of Funds | 15,623 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 166,200 |
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