Sep, 30, 2025 — INDIANA MEMBERS CREDIT UNION is a federally insured state chartered credit union headquartered in INDIANAPOLIS, IN with 31 branch locations and about $3.43 billion in total assets. Opened 70 years ago in 1956, INDIANA MEMBERS CREDIT UNION has about 163,665 members and employs 477 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | INDIANA MEMBERS CREDIT UNION |
|---|---|
| Address: (Main Office) | 5103 Madison Ave INDIANAPOLIS, IN 46227-4239 |
| Phone: | (317) 788-0366 |
| Fax: | (317) 784-4778 |
| Website: | https://www.imcu.org |
| Branches: | 31 branch locations |
| Members: | 163,665 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68259 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $3,430,530,500 |
| CEO/Manager: | John Newett |
| Chairperson: | Robert E Martin |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 170,665,039 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 695,597 |
| Real Estate Loans | 1,339,928,945 |
| Unsecured Loans | 61,284,273 |
| Other Loans | 672,607,275 |
| TOTAL LOANS | 2,074,945,242 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -25,945,641 |
| Land And Building | 56,989,707 |
| Other Fixed Assets | 16,021,842 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 25,605,570 |
| All Other Assets | 480,383 |
| TOTAL ASSETS | 3,430,530,500 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 33,000,000 |
| Accounts Payable & Other Liabilities | 65,002,967 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 732,511,233 |
| Regular shares | 582,292,219 |
| All Other Shares & Deposits | 1,755,306,377 |
| TOTAL SHARES & DEPOSITS | 3,070,109,829 |
| TOTAL LIABILITIES | 3,169,174,266 |
| Regular Reserve | 0 |
| Other Reserves | -87,125,941 |
| Undivided Earnings | 348,482,175 |
| TOTAL EQUITY | 261,356,234 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,430,530,500 |
| INCOME & EXPENSE | |
| Loan Income | 90,704,450 |
| Investment Income | 31,369,469 |
| Other Income | 9,085,509 |
| Total Employee Compensation & Benefits | 36,900,332 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 32,451,824 |
| Non-operating Income & (Expense) | -67,718 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 7,535,000 |
| Cost of Funds | 48,833,325 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 20,926,028 |
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