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TIPPECANOE FEDERAL CREDIT UNION

Sep, 30, 2025 — TIPPECANOE FEDERAL CREDIT UNION is a federal credit union headquartered in LAFAYETTE, IN with 1 branch location and about $14.81 million in total assets. Opened 73 years ago in 1953, TIPPECANOE FEDERAL CREDIT UNION has about 1,298 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:TIPPECANOE FEDERAL CREDIT UNION
Address:
(Main Office)
3450 south st
LAFAYETTE, IN 47905
Phone:(765) 448-1158
Fax:(765) 448-6901
Website:https://www.tippecanoefcu.com
Branches:1 branch locations
Members:1,298
Credit Union Type:Federal Credit Union
Charter Number:8654
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1953
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$14,808,081
CEO/Manager:Brooke Brigham
Chairperson:russell clark

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 192,910
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,808,767
 Other Loans 4,632,034
 TOTAL LOANS 6,440,801
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -59,139
 Land And Building 0
 Other Fixed Assets 44,266
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 126,512
 All Other Assets 0
  TOTAL ASSETS 14,808,081
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 28,445
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,684,447
 Regular shares 1,955,304
 All Other Shares & Deposits 8,248,039
  TOTAL SHARES & DEPOSITS 12,887,791
  TOTAL LIABILITIES 12,916,236
 Regular Reserve 0
 Other Reserves 275,000
 Undivided Earnings 1,616,845
  TOTAL EQUITY 1,891,845
  TOTAL LIABILITIES, SHARES, & EQUITY 14,808,081
INCOME & EXPENSE  
 Loan Income 352,052
 Investment Income 248,456
 Other Income 28,619
 Total Employee Compensation & Benefits 160,587
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 198,215
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 108,150
 Cost of Funds 113,549
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 96,863
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