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HARVESTER FINANCIAL CREDIT UNION

Mar, 31, 2022 — HARVESTER FINANCIAL CREDIT UNION is a federally insured state chartered credit union headquartered in INDIANAPOLIS, IN with 2 branch locations and about $75.71 million in total assets. Opened 68 years ago in 1954, HARVESTER FINANCIAL CREDIT UNION has about 5,400 members and employs 21 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 274074134
Name:HARVESTER FINANCIAL CREDIT UNION
Address:
(Main Office)
7020 Brookville Rd
INDIANAPOLIS, IN 46239
Phone:(317) 352-0455
Fax:(317) 351-2351
Website:http://www.harvesterfcu.org
Branches:2 branch locations
Members:5,400
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68584
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:$75,707,847
CEO/Manager:Jason Ford
Chairperson:Jerry R Walters

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 7,923,044
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 12,817,819
 Unsecured Loans 3,956,760
 Other Loans 14,600,099
 TOTAL LOANS 31,374,678
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -94,297
 Land And Building 1,408,997
 Other Fixed Assets 183,226
 NCUSIF Deposit 637,964
 All Other Assets 0
  TOTAL ASSETS 75,707,847
LIABILITIES & CAPITAL:  
 Dividends Payable 2,428
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 214,864
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 13,737,197
 Regular shares 28,923,764
 All Other Shares & Deposits 26,826,307
  TOTAL SHARES & DEPOSITS 69,487,268
  TOTAL LIABILITIES 69,704,560
 Regular Reserve 0
 Other Reserves 62,740
 Undivided Earnings 5,940,547
  TOTAL EQUITY 6,003,287
  TOTAL LIABILITIES, SHARES, & EQUITY 75,707,847
INCOME & EXPENSE  
 Loan Income 362,199
 Investment Income 143,390
 Other Income 72,144
 Total Employee Compensation & Benefits 291,966
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 381,174
 Non-operating Income & (Expense) 108,704
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -3,500
 Cost of Funds 31,750
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 111,293
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