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VIBRANT CREDIT UNION

Sep, 30, 2025 — VIBRANT CREDIT UNION is a federally insured state chartered credit union headquartered in MOLINE, IL with 4 branch locations and about $1.15 billion in total assets. Opened 91 years ago in 1935, VIBRANT CREDIT UNION has about 49,815 members and employs 146 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:VIBRANT CREDIT UNION
Address:
(Main Office)
6600 44th Ave
MOLINE, IL 61265-8137
Phone:(800) 323-5109
Fax:
Website:https://www.vibrantcreditunion.org
Branches:4 branch locations
Members:49,815
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61093
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1935
Last Audited:Dec 01, 2024
FHLB Member:Yes
Low Income Designation:No
Assets:$1,151,880,248
CEO/Manager:Matthew P McCombs
Chairperson:Nick Kremer

Call Report

  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 44,035,576
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 607,332,877
 Unsecured Loans 56,921,358
 Other Loans 228,485,947
 TOTAL LOANS 892,825,219
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -6,082,660
 Land And Building 28,772,826
 Other Fixed Assets 4,693,069
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 8,307,676
 All Other Assets 353,600
  TOTAL ASSETS 1,151,880,248
LIABILITIES & CAPITAL:  
 Dividends Payable 2,216
 Notes & Interest Payable 162,500,000
 Accounts Payable & Other Liabilities 12,418,559
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 134,760,235
 Regular shares 289,015,993
 All Other Shares & Deposits 483,204,472
  TOTAL SHARES & DEPOSITS 906,980,700
  TOTAL LIABILITIES 1,081,901,475
 Regular Reserve 0
 Other Reserves -16,649,278
 Undivided Earnings 86,628,051
  TOTAL EQUITY 69,978,773
  TOTAL LIABILITIES, SHARES, & EQUITY 1,151,880,248
INCOME & EXPENSE  
 Loan Income 43,420,615
 Investment Income 7,612,354
 Other Income 2,728,893
 Total Employee Compensation & Benefits 12,475,416
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 14,679,760
 Non-operating Income & (Expense) 5,921,005
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 10,853,313
 Cost of Funds 25,896,515
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 5,580,711
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