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THRIVE FEDERAL CREDIT UNION

Sep, 30, 2025 — THRIVE FEDERAL CREDIT UNION is a federal credit union headquartered in MUNCIE, IN with 3 branch locations and about $106.48 million in total assets. Opened 86 years ago in 1940, THRIVE FEDERAL CREDIT UNION has about 8,150 members and employs 31 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:THRIVE FEDERAL CREDIT UNION
Address:
(Main Office)
4501 S Delaware Dr
MUNCIE, IN 47302-9405
Phone:(765) 284-1015
Fax:(765) 284-2542
Website:https://www.thrivecu.org
Branches:3 branch locations
Members:8,150
Credit Union Type:Federal Credit Union
Charter Number:3631
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1940
Last Audited:Aug 01, 2025
FHLB Member:Yes
Low Income Designation:No
Assets:$106,476,082
CEO/Manager:Brett A Rinker
Chairperson:Brandon R Hughes

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 10,525,826
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 32,038,652
 Unsecured Loans 5,539,973
 Other Loans 31,483,363
 TOTAL LOANS 69,061,989
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -526,863
 Land And Building 3,074,714
 Other Fixed Assets 245,158
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 813,226
 All Other Assets 0
  TOTAL ASSETS 106,476,082
LIABILITIES & CAPITAL:  
 Dividends Payable 132,143
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 443,482
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 17,181,904
 Regular shares 37,021,798
 All Other Shares & Deposits 39,764,114
  TOTAL SHARES & DEPOSITS 93,967,816
  TOTAL LIABILITIES 94,543,441
 Regular Reserve 0
 Other Reserves -422,054
 Undivided Earnings 12,354,695
  TOTAL EQUITY 11,932,641
  TOTAL LIABILITIES, SHARES, & EQUITY 106,476,082
INCOME & EXPENSE  
 Loan Income 3,347,533
 Investment Income 804,371
 Other Income 510,919
 Total Employee Compensation & Benefits 1,696,277
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 1,719,929
 Non-operating Income & (Expense) 639,617
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 193,197
 Cost of Funds 1,160,389
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,285,621
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