Sep, 30, 2025 — FORUM CREDIT UNION is a federally insured state chartered credit union headquartered in FISHERS, IN with 16 branch locations and about $2.27 billion in total assets. Opened 85 years ago in 1941, FORUM CREDIT UNION has about 164,012 members and employs 424 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FORUM CREDIT UNION |
|---|---|
| Address: (Main Office) | 11313 USA Pkwy FISHERS, IN 46037-9208 |
| Phone: | (317) 558-6000 |
| Fax: | |
| Website: | https://www.forumcu.com |
| Branches: | 16 branch locations |
| Members: | 164,012 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68248 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1941 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,270,291,791 |
| CEO/Manager: | Doug True |
| Chairperson: | Kevin Hunt |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 278,949,515 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 5,456,415 |
| Real Estate Loans | 669,857,700 |
| Unsecured Loans | 152,252,230 |
| Other Loans | 1,046,854,195 |
| TOTAL LOANS | 1,868,964,125 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -28,922,053 |
| Land And Building | 23,481,111 |
| Other Fixed Assets | 10,711,787 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 15,983,472 |
| All Other Assets | 415,782 |
| TOTAL ASSETS | 2,270,291,791 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 22,908 |
| Notes & Interest Payable | 60,000,000 |
| Accounts Payable & Other Liabilities | 38,593,962 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 464,963,017 |
| Regular shares | 491,957,660 |
| All Other Shares & Deposits | 927,540,554 |
| TOTAL SHARES & DEPOSITS | 1,884,461,231 |
| TOTAL LIABILITIES | 1,984,900,182 |
| Regular Reserve | 0 |
| Other Reserves | -40,770 |
| Undivided Earnings | 285,432,379 |
| TOTAL EQUITY | 285,391,609 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,270,291,791 |
| INCOME & EXPENSE | |
| Loan Income | 89,267,695 |
| Investment Income | 10,298,201 |
| Other Income | 5,038,723 |
| Total Employee Compensation & Benefits | 31,374,364 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 25,378,520 |
| Non-operating Income & (Expense) | 346,682 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 8,964,990 |
| Cost of Funds | 32,773,215 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 18,848,341 |
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