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INDIANAPOLIS POST OFFICE CREDIT UNION

Jun, 30, 2021 — INDIANAPOLIS POST OFFICE CREDIT UNION is a non-federally insured state credit union headquartered in Indianapolis, IN with 1 branch location and about $57.44 million in total assets. Opened 94 years ago in 1927, INDIANAPOLIS POST OFFICE CREDIT UNION has about 3,556 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:3,556
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:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$57,442,430
CEO/Manager:Lisa M Tucker
Chairperson:Robin M Bankhead

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 586,635
TOTAL INVESTMENTS 47,457,573
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,174,885
 Other Loans 7,543,655
 TOTAL LOANS 8,718,540
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -76,380
 Land And Building 0
 Other Fixed Assets 17,728
 NCUSIF Deposit 0
 All Other Assets 738,334
  TOTAL ASSETS 57,442,430
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 366,618
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,378,062
 Regular shares 45,135,867
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 46,513,929
  TOTAL LIABILITIES 46,880,547
 Regular Reserve 893,318
 Other Reserves -896,682
 Undivided Earnings 10,565,247
  TOTAL EQUITY 10,561,883
  TOTAL LIABILITIES, SHARES, & EQUITY 57,442,430
INCOME & EXPENSE  
 Loan Income 200,260
 Investment Income 360,317
 Other Income 37,393
 Total Employee Compensation & Benefits 319,322
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 173,667
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 88,805
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 146,998
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