Jun, 30, 2024 — HARVESTER FINANCIAL CREDIT UNION is a federally insured state chartered credit union headquartered in INDIANAPOLIS, IN with 2 branch locations and about $77.02 million in total assets. Opened 71 years ago in 1954, HARVESTER FINANCIAL CREDIT UNION has about 5,385 members and employs 20 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | HARVESTER FINANCIAL CREDIT UNION |
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Address: (Main Office) | 7020 Brookville Rd INDIANAPOLIS, IN 46239 |
Phone: | (317) 352-0455 |
Fax: | (317) 351-2351 |
Website: | https://www.harvesterfcu.org |
Branches: | 2 branch locations |
Members: | 5,385 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68584 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $77,018,129 |
CEO/Manager: | Jason Ford |
Chairperson: | Jerry R Walters |
ASSETS: | $ Amount |
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Cash & Equivalents | 7,710,314 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 13,413,180 |
Unsecured Loans | 4,079,699 |
Other Loans | 15,439,789 |
TOTAL LOANS | 32,932,668 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -116,680 |
Land And Building | 1,383,809 |
Other Fixed Assets | 155,224 |
NCUSIF Deposit | 657,165 |
All Other Assets | 0 |
TOTAL ASSETS | 77,018,129 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 2,123 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 236,622 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 14,724,598 |
Regular shares | 29,505,575 |
All Other Shares & Deposits | 26,453,420 |
TOTAL SHARES & DEPOSITS | 70,683,593 |
TOTAL LIABILITIES | 70,922,338 |
Regular Reserve | 0 |
Other Reserves | 62,740 |
Undivided Earnings | 6,033,051 |
TOTAL EQUITY | 6,095,791 |
TOTAL LIABILITIES, SHARES, & EQUITY | 77,018,129 |
INCOME & EXPENSE | |
Loan Income | 1,120,067 |
Investment Income | 497,771 |
Other Income | 228,247 |
Total Employee Compensation & Benefits | 893,820 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,109,613 |
Non-operating Income & (Expense) | 118,092 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 66,075 |
Cost of Funds | 96,598 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 203,800 |
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