Sep, 30, 2025 — CRANE CREDIT UNION is a federally insured state chartered credit union headquartered in ODON, IN with 18 branch locations and about $1.13 billion in total assets. Opened 71 years ago in 1955, CRANE CREDIT UNION has about 68,122 members and employs 212 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CRANE CREDIT UNION |
|---|---|
| Address: (Main Office) | 1 W Gate Dr ODON, IN 47562 |
| Phone: | (812) 863-7000 |
| Fax: | (812) 863-7010 |
| Website: | https://www.cranecu.org |
| Branches: | 18 branch locations |
| Members: | 68,122 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68672 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,131,725,347 |
| CEO/Manager: | Kevin L Sparks |
| Chairperson: | Gary E Gray, Jr. |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 77,886,423 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 3,434,450 |
| Real Estate Loans | 549,252,374 |
| Unsecured Loans | 31,908,441 |
| Other Loans | 231,193,209 |
| TOTAL LOANS | 812,354,025 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,574,691 |
| Land And Building | 8,596,752 |
| Other Fixed Assets | 3,256,240 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 7,656,376 |
| All Other Assets | 236,694 |
| TOTAL ASSETS | 1,131,725,347 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,344 |
| Notes & Interest Payable | 59,035,976 |
| Accounts Payable & Other Liabilities | 2,012,629 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 227,826,980 |
| Regular shares | 329,248,086 |
| All Other Shares & Deposits | 384,043,785 |
| TOTAL SHARES & DEPOSITS | 941,118,852 |
| TOTAL LIABILITIES | 1,003,075,156 |
| Regular Reserve | 0 |
| Other Reserves | -8,364,930 |
| Undivided Earnings | 137,015,121 |
| TOTAL EQUITY | 128,650,191 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,131,725,347 |
| INCOME & EXPENSE | |
| Loan Income | 34,742,068 |
| Investment Income | 7,125,316 |
| Other Income | 2,605,775 |
| Total Employee Compensation & Benefits | 12,128,464 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 13,208,416 |
| Non-operating Income & (Expense) | -168,365 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,879,947 |
| Cost of Funds | 12,556,629 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 9,447,017 |
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