Dec, 31, 2021 — INDIANA HEARTLAND FEDERAL CREDIT UNION is a federal credit union headquartered in KOKOMO, IN with 1 branch location and about $28.49 million in total assets. Opened 50 years ago in 1972, INDIANA HEARTLAND FEDERAL CREDIT UNION has about 4,545 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | INDIANA HEARTLAND FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 402 S Berkley Rd KOKOMO, IN 46901 |
Phone: | (765) 854-3067 |
Fax: | (765) 854-3069 |
Website: | http://www.indianaheartland.org |
Branches: | 1 branch locations |
Members: | 4,545 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24108 |
---|---|
Membership Type: | Multiple common bond - other |
Corporate Credit Union: | No |
Year Opened: | 1972 |
Last Audited: | Sep 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $28,489,924 |
CEO/Manager: | buffey y hedrick |
Chairperson: | karen windsor |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 2,952,571 |
TOTAL INVESTMENTS | 769,022 |
Loans Held for Sale | 0 |
Real Estate Loans | 525,111 |
Unsecured Loans | 1,635,459 |
Other Loans | 21,485,201 |
TOTAL LOANS | 23,645,771 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -163,781 |
Land And Building | 951,480 |
Other Fixed Assets | 49,677 |
NCUSIF Deposit | 224,919 |
All Other Assets | 60,265 |
TOTAL ASSETS | 28,489,924 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 193,091 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,686,113 |
Regular shares | 15,675,466 |
All Other Shares & Deposits | 5,832,224 |
TOTAL SHARES & DEPOSITS | 25,193,803 |
TOTAL LIABILITIES | 25,386,894 |
Regular Reserve | 48,917 |
Other Reserves | 0 |
Undivided Earnings | 3,054,113 |
TOTAL EQUITY | 3,103,030 |
TOTAL LIABILITIES, SHARES, & EQUITY | 28,489,924 |
INCOME & EXPENSE | |
Loan Income | 1,224,624 |
Investment Income | 7,767 |
Other Income | 303,599 |
Total Employee Compensation & Benefits | 681,801 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 695,125 |
Non-operating Income & (Expense) | 66,196 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 8,538 |
Cost of Funds | 160,261 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 616,524 |
↑ Back to Top |