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INDIANAPOLIS POST OFFICE CREDIT UNION

Mar, 31, 2022 — INDIANAPOLIS POST OFFICE CREDIT UNION is a non-federally insured state credit union headquartered in Indianapolis, IN with 1 branch location and about $60.05 million in total assets. Opened 95 years ago in 1927, INDIANAPOLIS POST OFFICE CREDIT UNION has about 3,453 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:INDIANAPOLIS POST OFFICE CREDIT UNION
Address:
(Main Office)
PO Box 724
Indianapolis, IN 46206
Phone:(317) 262-1870
Fax:(317) 262-1869
Website:http://ipocu.org
Branches:1 branch locations
Members:3,453
Credit Union Type:Non-Federally Insured State Credit Union
Charter Number:82770
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1927
Last Audited:Mar 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$60,047,215
CEO/Manager:Lisa M Tucker
Chairperson:Robin M Bankhead

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,984,781
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,156,339
 Other Loans 8,648,835
 TOTAL LOANS 9,805,174
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -89,827
 Land And Building 0
 Other Fixed Assets 11,715
 NCUSIF Deposit 0
 All Other Assets 0
  TOTAL ASSETS 60,047,215
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 409,321
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,182,856
 Regular shares 46,602,028
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 48,784,884
  TOTAL LIABILITIES 49,194,205
 Regular Reserve 0
 Other Reserves -794,455
 Undivided Earnings 11,647,465
  TOTAL EQUITY 10,853,010
  TOTAL LIABILITIES, SHARES, & EQUITY 60,047,215
INCOME & EXPENSE  
 Loan Income 102,479
 Investment Income 155,441
 Other Income 14,330
 Total Employee Compensation & Benefits 171,589
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 100,252
 Non-operating Income & (Expense) 93,302
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 33,607
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 60,104
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