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KEMBA INDIANAPOLIS CREDIT UNION

Mar, 31, 2022 — KEMBA INDIANAPOLIS CREDIT UNION is a non-federally insured state credit union headquartered in INDIANAPOLIS, IN with 2 branch locations and about $86.28 million in total assets. Opened 89 years ago in 1933, KEMBA INDIANAPOLIS CREDIT UNION has about 5,833 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:KEMBA INDIANAPOLIS CREDIT UNION
Address:
(Main Office)
444 S Shortridge Rd
INDIANAPOLIS, IN 46219
Phone:(317) 351-5235
Fax:(317) 351-5244
Website:http://www.mykemba.org
Branches:2 branch locations
Members:5,833
Credit Union Type:Non-Federally Insured State Credit Union
Charter Number:82793
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1933
Last Audited:Dec 01, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$86,275,866
CEO/Manager:Karla J Salisbury
Chairperson:Paul Sahm

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 20,830,571
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 11,050,694
 Unsecured Loans 3,302,820
 Other Loans 10,575,861
 TOTAL LOANS 24,929,375
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -119,859
 Land And Building 195,202
 Other Fixed Assets 184,242
 NCUSIF Deposit 0
 All Other Assets 0
  TOTAL ASSETS 86,275,866
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 261,339
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 18,915,234
 Regular shares 32,967,732
 All Other Shares & Deposits 23,284,807
  TOTAL SHARES & DEPOSITS 75,167,773
  TOTAL LIABILITIES 75,429,112
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 10,846,754
  TOTAL EQUITY 10,846,754
  TOTAL LIABILITIES, SHARES, & EQUITY 86,275,866
INCOME & EXPENSE  
 Loan Income 377,077
 Investment Income 72,345
 Other Income 147,326
 Total Employee Compensation & Benefits 381,984
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 353,207
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,463
 Cost of Funds 26,350
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 97,690
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