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MUNCIE POST OFFICE CREDIT UNION

Mar, 31, 2021 — MUNCIE POST OFFICE CREDIT UNION is a non-federally insured state credit union headquartered in MUNCIE, IN with 0 branch location and about $685,246 in total assets. Opened 93 years ago in 1928, MUNCIE POST OFFICE CREDIT UNION has about 232 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MUNCIE POST OFFICE CREDIT UNION
Address:
(Main Office)
P.O.BOX 2061
MUNCIE, IN 47307-0061
Phone:(765) 282-1309
Fax:
Website:n/a
Branches:0 branch locations
Members:232
Credit Union Type:Non-Federally Insured State Credit Union
Charter Number:82785
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1928
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$685,246
CEO/Manager:STEVEN L ELGAN
Chairperson:LARRY W MASSIE

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 135,189
TOTAL INVESTMENTS 249,581
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 244,230
 Other Loans 86,097
 TOTAL LOANS 330,327
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -39,046
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 0
 All Other Assets 9,195
  TOTAL ASSETS 685,246
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 515,030
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 515,030
  TOTAL LIABILITIES 515,030
 Regular Reserve 95,216
 Other Reserves 0
 Undivided Earnings 75,000
  TOTAL EQUITY 170,216
  TOTAL LIABILITIES, SHARES, & EQUITY 685,246
INCOME & EXPENSE  
 Loan Income 12,405
 Investment Income 1,727
 Other Income 0
 Total Employee Compensation & Benefits 8,720
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,941
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,839
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