Sep, 30, 2025 — SOUTH BEND TRANSIT FEDERAL CREDIT UNION is a federal credit union headquartered in SOUTH BEND, IN with 1 branch location and about $3.06 million in total assets. Opened 85 years ago in 1941, SOUTH BEND TRANSIT FEDERAL CREDIT UNION has about 371 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SOUTH BEND TRANSIT FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1401 S Lafayette Blvd Ste 100 SOUTH BEND, IN 46613 |
| Phone: | (574) 232-2192 |
| Fax: | (574) 232-2892 |
| Website: | https://www.sbtransitfcu.net |
| Branches: | 1 branch locations |
| Members: | 371 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 4487 |
|---|---|
| Membership Type: | Service - Transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1941 |
| Last Audited: | May 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,058,013 |
| CEO/Manager: | Sarah A Ladouceur |
| Chairperson: | Dale L Rieder |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 193,109 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 336,368 |
| Other Loans | 1,490,443 |
| TOTAL LOANS | 1,826,811 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,005 |
| Land And Building | 0 |
| Other Fixed Assets | 2,464 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 25,253 |
| All Other Assets | 0 |
| TOTAL ASSETS | 3,058,013 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 246 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,130,815 |
| All Other Shares & Deposits | 1,039,283 |
| TOTAL SHARES & DEPOSITS | 2,170,098 |
| TOTAL LIABILITIES | 2,170,344 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 887,669 |
| TOTAL EQUITY | 887,669 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,058,013 |
| INCOME & EXPENSE | |
| Loan Income | 131,722 |
| Investment Income | 22,220 |
| Other Income | 21,419 |
| Total Employee Compensation & Benefits | 72,804 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 82,998 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 142 |
| Cost of Funds | 40,362 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -18,466 |
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