Sep, 30, 2025 — TEACHERS CREDIT UNION is a federally insured state chartered credit union headquartered in SOUTH BEND, IN with 52 branch locations and about $5.54 billion in total assets. Opened 95 years ago in 1931, TEACHERS CREDIT UNION has about 298,696 members and employs 738 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TEACHERS CREDIT UNION |
|---|---|
| Address: (Main Office) | 110 S Main St SOUTH BEND, IN 46601-1805 |
| Phone: | (574) 232-8012 |
| Fax: | (574) 284-6287 |
| Website: | https://www.everwisecu.com |
| Branches: | 52 branch locations |
| Members: | 298,696 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60060 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1931 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $5,538,528,007 |
| CEO/Manager: | Jason Osterhage |
| Chairperson: | Vince Henderson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 78,967,796 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 75,770,564 |
| Real Estate Loans | 2,774,930,523 |
| Unsecured Loans | 126,863,415 |
| Other Loans | 1,550,714,465 |
| TOTAL LOANS | 4,452,508,403 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -77,044,987 |
| Land And Building | 55,803,649 |
| Other Fixed Assets | 19,752,177 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 32,444,274 |
| All Other Assets | 3,645,315 |
| TOTAL ASSETS | 5,538,528,007 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,996,420 |
| Notes & Interest Payable | 100,163,778 |
| Accounts Payable & Other Liabilities | 57,712,247 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,215,780,919 |
| Regular shares | 1,165,608,688 |
| All Other Shares & Deposits | 2,536,642,865 |
| TOTAL SHARES & DEPOSITS | 4,918,032,472 |
| TOTAL LIABILITIES | 5,080,097,900 |
| Regular Reserve | 0 |
| Other Reserves | -24,186,747 |
| Undivided Earnings | 482,616,854 |
| TOTAL EQUITY | 458,430,107 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,538,528,007 |
| INCOME & EXPENSE | |
| Loan Income | 195,236,745 |
| Investment Income | 24,115,515 |
| Other Income | 19,090,022 |
| Total Employee Compensation & Benefits | 60,705,052 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 56,071,454 |
| Non-operating Income & (Expense) | -1,792,032 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 24,088,597 |
| Cost of Funds | 95,729,438 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 25,532,757 |
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