Sep, 30, 2025 — FORTRESS FEDERAL CREDIT UNION is a federal credit union headquartered in MARION, IN with 1 branch location and about $20.94 million in total assets. Opened 75 years ago in 1951, FORTRESS FEDERAL CREDIT UNION has about 1,904 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FORTRESS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 615 N Western Ave MARION, IN 46952 |
| Phone: | (765) 668-3313 |
| Fax: | (765) 668-3319 |
| Website: | https://www.fortressfcu.org |
| Branches: | 1 branch locations |
| Members: | 1,904 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7392 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1951 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $20,943,233 |
| CEO/Manager: | Lisa A Blades |
| Chairperson: | Paul Mittan |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,520,256 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 145,455 |
| Unsecured Loans | 1,292,807 |
| Other Loans | 10,650,984 |
| TOTAL LOANS | 12,089,246 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -130,259 |
| Land And Building | 357,458 |
| Other Fixed Assets | 59,095 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 163,090 |
| All Other Assets | 0 |
| TOTAL ASSETS | 20,943,233 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 7,715 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 79,501 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,408,881 |
| Regular shares | 4,598,259 |
| All Other Shares & Deposits | 10,058,787 |
| TOTAL SHARES & DEPOSITS | 17,065,927 |
| TOTAL LIABILITIES | 17,153,143 |
| Regular Reserve | 0 |
| Other Reserves | 961,839 |
| Undivided Earnings | 2,828,251 |
| TOTAL EQUITY | 3,790,090 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 20,943,233 |
| INCOME & EXPENSE | |
| Loan Income | 588,160 |
| Investment Income | 196,977 |
| Other Income | 96,368 |
| Total Employee Compensation & Benefits | 300,567 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 271,899 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 45,343 |
| Cost of Funds | 169,204 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 123,067 |
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