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 |
|---|---|
| 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 |
|---|---|
| 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 |
|---|---|
| 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 |
| ↑ Back to Top | |