Dec, 31, 2023 — EVANSVILLE TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in EVANSVILLE, IN with 34 branch locations and about $3.82 billion in total assets. Opened 88 years ago in 1936, EVANSVILLE TEACHERS FEDERAL CREDIT UNION has about 262,608 members and employs 784 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | EVANSVILLE TEACHERS FEDERAL CREDIT UNION |
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Address: (Main Office) | 4401 Theater Dr EVANSVILLE, IN 47715-1967 |
Phone: | (812) 477-9271 |
Fax: | (812) 473-9704 |
Website: | https://libertyfcu.org |
Branches: | 34 branch locations |
Members: | 262,608 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 1682 |
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Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Dec 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $3,823,479,505 |
CEO/Manager: | William H Schirmer |
Chairperson: | Jane Magary |
ASSETS: | $ Amount |
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Cash & Equivalents | 250,525,200 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 9,867,746 |
Real Estate Loans | 2,773,599,236 |
Unsecured Loans | 77,799,165 |
Other Loans | 297,104,218 |
TOTAL LOANS | 3,148,770,764 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,100,764 |
Land And Building | 152,539,247 |
Other Fixed Assets | 15,383,336 |
NCUSIF Deposit | 27,656,413 |
All Other Assets | 5,000 |
TOTAL ASSETS | 3,823,479,505 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 424,000,000 |
Accounts Payable & Other Liabilities | 68,115,758 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 50,000,000 |
Share Drafts | 885,507,132 |
Regular shares | 522,142,075 |
All Other Shares & Deposits | 1,548,150,900 |
TOTAL SHARES & DEPOSITS | 2,955,800,107 |
TOTAL LIABILITIES | 3,497,915,865 |
Regular Reserve | 0 |
Other Reserves | -16,107,187 |
Undivided Earnings | 341,670,827 |
TOTAL EQUITY | 325,563,640 |
TOTAL LIABILITIES, SHARES, & EQUITY | 3,823,479,505 |
INCOME & EXPENSE | |
Loan Income | 131,099,532 |
Investment Income | 14,908,092 |
Other Income | 19,138,410 |
Total Employee Compensation & Benefits | 61,591,214 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 53,932,548 |
Non-operating Income & (Expense) | -3 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,580,000 |
Cost of Funds | 73,405,182 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 20,834,801 |
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