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KEMBA INDIANAPOLIS CREDIT UNION

Jun, 30, 2021 — KEMBA INDIANAPOLIS CREDIT UNION is a non-federally insured state credit union headquartered in Indianapolis, IN with 2 branch locations and about $79.73 million in total assets. Opened 88 years ago in 1933, KEMBA INDIANAPOLIS CREDIT UNION has about 6,032 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:6,032
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, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$79,731,390
CEO/Manager:Karla J Salisbury
Chairperson:Paul Sahm

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 20,276,183
TOTAL INVESTMENTS 28,971,750
Loans Held for Sale 0
 
 Real Estate Loans 12,169,513
 Unsecured Loans 3,570,340
 Other Loans 10,648,676
 TOTAL LOANS 26,388,529
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -177,619
 Land And Building 219,210
 Other Fixed Assets 211,881
 NCUSIF Deposit 0
 All Other Assets 3,841,456
  TOTAL ASSETS 79,731,390
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 205,634
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 16,508,675
 Regular shares 29,574,738
 All Other Shares & Deposits 23,045,082
  TOTAL SHARES & DEPOSITS 69,128,495
  TOTAL LIABILITIES 69,334,129
 Regular Reserve 3,168,393
 Other Reserves 0
 Undivided Earnings 7,228,868
  TOTAL EQUITY 10,397,261
  TOTAL LIABILITIES, SHARES, & EQUITY 79,731,390
INCOME & EXPENSE  
 Loan Income 842,794
 Investment Income 187,401
 Other Income 221,603
 Total Employee Compensation & Benefits 668,866
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 722,549
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -4,402
 Cost of Funds 65,255
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 248,423
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