Mar, 31, 2022 — ADVANTAGEPLUS OF INDIANA FEDERAL CREDIT UNION is a federal credit union headquartered in TERRE HAUTE, IN with 1 branch location and about $37.91 million in total assets. Opened 69 years ago in 1953, ADVANTAGEPLUS OF INDIANA FEDERAL CREDIT UNION has about 7,273 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ADVANTAGEPLUS OF INDIANA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1122 N Fruitridge Ave TERRE HAUTE, IN 47804 |
| Phone: | (812) 231-7900 |
| Fax: | (812) 232-2702 |
| Website: | http://www.apifcu.com |
| Branches: | 1 branch locations |
| Members: | 7,273 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8925 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Jun 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $37,914,005 |
| CEO/Manager: | Pamela A Lister |
| Chairperson: | Sharon Dick |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,112,690 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,204,072 |
| Unsecured Loans | 1,691,769 |
| Other Loans | 15,798,030 |
| TOTAL LOANS | 20,693,871 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -109,148 |
| Land And Building | 655,673 |
| Other Fixed Assets | 29,135 |
| NCUSIF Deposit | 258,527 |
| All Other Assets | 0 |
| TOTAL ASSETS | 37,914,005 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 136,057 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,397,813 |
| Regular shares | 21,961,455 |
| All Other Shares & Deposits | 4,425,470 |
| TOTAL SHARES & DEPOSITS | 31,784,738 |
| TOTAL LIABILITIES | 31,920,795 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 5,993,210 |
| TOTAL EQUITY | 5,993,210 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 37,914,005 |
| INCOME & EXPENSE | |
| Loan Income | 296,001 |
| Investment Income | 7,511 |
| Other Income | 96,750 |
| Total Employee Compensation & Benefits | 134,272 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 179,906 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 32,229 |
| Cost of Funds | 24,060 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 128,704 |
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