Mar, 31, 2021 — COMMUNITY LINK FEDERAL CREDIT UNION is a federal credit union headquartered in HUNTINGTON, IN with 1 branch location and about $26.53 million in total assets. Opened 24 years ago in 1997, COMMUNITY LINK FEDERAL CREDIT UNION has about 2,278 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COMMUNITY LINK FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 325 ETNA AVE HUNTINGTON, IN 46750 |
| Phone: | (260) 356-6220 |
| Fax: | (260) 356-6337 |
| Website: | http://www.communitylinkfcu.com |
| Branches: | 1 branch locations |
| Members: | 2,278 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24770 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1997 |
| Last Audited: | Jun 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $26,526,774 |
| CEO/Manager: | Misty D Harrison |
| Chairperson: | Donald D Schoeff |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,018,098 |
| TOTAL INVESTMENTS | 6,157,843 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 9,659,089 |
| Unsecured Loans | 729,949 |
| Other Loans | 3,350,078 |
| TOTAL LOANS | 13,822,415 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -44,588 |
| Land And Building | 195,978 |
| Other Fixed Assets | 73,488 |
| NCUSIF Deposit | 176,178 |
| All Other Assets | 127,362 |
| TOTAL ASSETS | 26,526,774 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 86,733 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,141,421 |
| Regular shares | 8,282,178 |
| All Other Shares & Deposits | 9,661,920 |
| TOTAL SHARES & DEPOSITS | 23,085,519 |
| TOTAL LIABILITIES | 23,172,252 |
| Regular Reserve | 1,034,015 |
| Other Reserves | 84,921 |
| Undivided Earnings | 2,235,586 |
| TOTAL EQUITY | 3,354,522 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 26,526,774 |
| INCOME & EXPENSE | |
| Loan Income | 194,267 |
| Investment Income | 29,838 |
| Other Income | 45,059 |
| Total Employee Compensation & Benefits | 120,070 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 113,013 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,308 |
| Cost of Funds | 48,248 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 26,637 |
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