Jun, 30, 2024 — CENTRA CREDIT UNION is a federally insured state chartered credit union headquartered in COLUMBUS, IN with 24 branch locations and about $2.05 billion in total assets. Opened 85 years ago in 1940, CENTRA CREDIT UNION has about 154,420 members and employs 405 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CENTRA CREDIT UNION |
|---|---|
| Address: (Main Office) | 3801 Tupelo Dr COLUMBUS, IN 47201-7293 |
| Phone: | (812) 376-9771 |
| Fax: | |
| Website: | https://www.centra.org |
| Branches: | 24 branch locations |
| Members: | 154,420 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68287 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1940 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,052,194,860 |
| CEO/Manager: | Rick Silvers |
| Chairperson: | James Bickel |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 111,121,170 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 164,730 |
| Real Estate Loans | 763,380,560 |
| Unsecured Loans | 45,229,201 |
| Other Loans | 794,029,690 |
| TOTAL LOANS | 1,603,188,337 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,489,631 |
| Land And Building | 30,628,055 |
| Other Fixed Assets | 13,734,949 |
| NCUSIF Deposit | 15,009,335 |
| All Other Assets | 986,501 |
| TOTAL ASSETS | 2,052,194,860 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 598 |
| Notes & Interest Payable | 60,062,878 |
| Accounts Payable & Other Liabilities | 26,387,069 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 362,450,518 |
| Regular shares | 543,549,140 |
| All Other Shares & Deposits | 845,095,512 |
| TOTAL SHARES & DEPOSITS | 1,751,095,170 |
| TOTAL LIABILITIES | 1,837,545,715 |
| Regular Reserve | 0 |
| Other Reserves | -36,027,045 |
| Undivided Earnings | 250,676,190 |
| TOTAL EQUITY | 214,649,145 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,052,194,860 |
| INCOME & EXPENSE | |
| Loan Income | 46,594,494 |
| Investment Income | 3,895,292 |
| Other Income | 7,839,334 |
| Total Employee Compensation & Benefits | 21,561,779 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 25,570,763 |
| Non-operating Income & (Expense) | -304,137 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,032,219 |
| Cost of Funds | 5,615,399 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 14,565,741 |
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