Mar, 31, 2021 — ADVANTAGEPLUS OF INDIANA FEDERAL CREDIT UNION is a federal credit union headquartered in Terre Haute, IN with 1 branch location and about $36.30 million in total assets. Opened 68 years ago in 1953, ADVANTAGEPLUS OF INDIANA FEDERAL CREDIT UNION has about 7,121 members and employs 12 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) | P.O. Box 5261 Terre Haute, IN 47805 |
| Phone: | (812) 231-7900 |
| Fax: | (812) 232-2702 |
| Website: | http://www.apifcu.com |
| Branches: | 1 branch locations |
| Members: | 7,121 |
| 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, 2019 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $36,295,187 |
| CEO/Manager: | Pamela A Lister |
| Chairperson: | Sharon Dick |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 10,885,592 |
| TOTAL INVESTMENTS | 4,895,566 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,203,057 |
| Unsecured Loans | 1,558,209 |
| Other Loans | 14,839,534 |
| TOTAL LOANS | 19,600,800 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -179,205 |
| Land And Building | 676,392 |
| Other Fixed Assets | 43,441 |
| NCUSIF Deposit | 258,527 |
| All Other Assets | 114,074 |
| TOTAL ASSETS | 36,295,187 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 186,533 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,651,826 |
| Regular shares | 20,452,627 |
| All Other Shares & Deposits | 4,649,814 |
| TOTAL SHARES & DEPOSITS | 30,754,267 |
| TOTAL LIABILITIES | 30,940,800 |
| Regular Reserve | 195,955 |
| Other Reserves | 0 |
| Undivided Earnings | 5,158,432 |
| TOTAL EQUITY | 5,354,387 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 36,295,187 |
| INCOME & EXPENSE | |
| Loan Income | 287,314 |
| Investment Income | 5,927 |
| Other Income | 86,057 |
| Total Employee Compensation & Benefits | 97,636 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 169,688 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,428 |
| Cost of Funds | 29,016 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 180,432 |
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