Dec, 31, 2021 — COMMUNITY LINK FEDERAL CREDIT UNION is a federal credit union headquartered in HUNTINGTON, IN with 1 branch location and about $24.24 million in total assets. Opened 25 years ago in 1997, COMMUNITY LINK FEDERAL CREDIT UNION has about 2,281 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 |
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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: | 2,281 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24770 |
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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, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $24,237,542 |
CEO/Manager: | Misty D Harrison |
Chairperson: | Donald D Schoeff |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,418,273 |
TOTAL INVESTMENTS | 7,151,377 |
Loans Held for Sale | 0 |
Real Estate Loans | 9,942,035 |
Unsecured Loans | 745,583 |
Other Loans | 3,309,850 |
TOTAL LOANS | 14,074,251 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -14,898 |
Land And Building | 187,564 |
Other Fixed Assets | 93,950 |
NCUSIF Deposit | 209,700 |
All Other Assets | 117,325 |
TOTAL ASSETS | 24,237,542 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 110,649 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 4,745,741 |
Regular shares | 8,444,111 |
All Other Shares & Deposits | 7,452,238 |
TOTAL SHARES & DEPOSITS | 20,642,090 |
TOTAL LIABILITIES | 20,752,739 |
Regular Reserve | 1,034,015 |
Other Reserves | 29,792 |
Undivided Earnings | 2,420,996 |
TOTAL EQUITY | 3,484,803 |
TOTAL LIABILITIES, SHARES, & EQUITY | 24,237,542 |
INCOME & EXPENSE | |
Loan Income | 751,503 |
Investment Income | 117,216 |
Other Income | 198,883 |
Total Employee Compensation & Benefits | 508,653 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 497,036 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -33,280 |
Cost of Funds | 174,988 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 212,047 |
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