Jun, 30, 2024 — NORTHPARK COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in LEBANON, IN with 1 branch location and about $44.40 million in total assets. Opened 92 years ago in 1933, NORTHPARK COMMUNITY CREDIT UNION has about 4,880 members and employs 23 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NORTHPARK COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 450 S Lebanon St LEBANON, IN 46052-2548 |
| Phone: | (317) 733-2200 |
| Fax: | |
| Website: | https://northparkccu.org |
| Branches: | 1 branch locations |
| Members: | 4,880 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60251 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1933 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $44,395,625 |
| CEO/Manager: | Carma Parrish |
| Chairperson: | Lori Brenner |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,711,091 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 7,724,800 |
| Unsecured Loans | 5,476,582 |
| Other Loans | 25,449,747 |
| TOTAL LOANS | 38,651,129 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -772,571 |
| Land And Building | 1,200,803 |
| Other Fixed Assets | 271,083 |
| NCUSIF Deposit | 363,138 |
| All Other Assets | 0 |
| TOTAL ASSETS | 44,395,625 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 11,129 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,337,674 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 12,328,222 |
| Regular shares | 12,701,918 |
| All Other Shares & Deposits | 12,445,912 |
| TOTAL SHARES & DEPOSITS | 37,476,052 |
| TOTAL LIABILITIES | 38,824,855 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 5,570,770 |
| TOTAL EQUITY | 5,570,770 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 44,395,625 |
| INCOME & EXPENSE | |
| Loan Income | 1,838,663 |
| Investment Income | 24,068 |
| Other Income | 553,075 |
| Total Employee Compensation & Benefits | 1,197,462 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,790,304 |
| Non-operating Income & (Expense) | 1,351,300 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 504,704 |
| Cost of Funds | 159,197 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 257,764 |
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