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National Credit Union Service Organization

ADVANTAGEPLUS OF INDIANA FEDERAL CREDIT UNION

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.


ABA Routing Number: 274975880
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

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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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