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I. C. FEDERAL CREDIT UNION

Sep, 30, 2025 — I. C. FEDERAL CREDIT UNION is a federal credit union headquartered in INDIANA, PA with 1 branch location and about $3.13 million in total assets. Opened 41 years ago in 1985, I. C. FEDERAL CREDIT UNION has about 882 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:I. C. FEDERAL CREDIT UNION
Address:
(Main Office)
1002 PHILADELPHIA ST
INDIANA, PA 15701-1676
Phone:(724) 463-7766
Fax:(724) 463-7926
Website:https://ic-fcu.com
Branches:1 branch locations
Members:882
Credit Union Type:Federal Credit Union
Charter Number:24201
Membership Type:Multiple common bond - Primarily health care
Corporate Credit Union:No
Year Opened:1985
Last Audited:Jun 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$3,127,391
CEO/Manager:Theresa M Luther
Chairperson:Alex J Uher

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,117,717
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 335,345
 Other Loans 1,502,893
 TOTAL LOANS 1,838,238
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -7,876
 Land And Building 0
 Other Fixed Assets 1,782
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 27,563
 All Other Assets 0
  TOTAL ASSETS 3,127,391
LIABILITIES & CAPITAL:  
 Dividends Payable 622
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 7,364
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 71,542
 Regular shares 2,662,313
 All Other Shares & Deposits 1,450
  TOTAL SHARES & DEPOSITS 2,735,305
  TOTAL LIABILITIES 2,743,291
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 384,100
  TOTAL EQUITY 384,100
  TOTAL LIABILITIES, SHARES, & EQUITY 3,127,391
INCOME & EXPENSE  
 Loan Income 58,483
 Investment Income 1,790
 Other Income 3,561
 Total Employee Compensation & Benefits 41,342
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 43,580
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 2,234
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 14,434
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