Dec, 31, 2023 — H A L E FEDERAL CREDIT UNION is a federal credit union headquartered in INDIANAPOLIS, IN with 1 branch location and about $747,642 in total assets. Opened 68 years ago in 1956, H A L E FEDERAL CREDIT UNION has about 281 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | H A L E FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 5745 Lee Rd INDIANAPOLIS, IN 46216-2063 |
| Phone: | (317) 630-1341 |
| Fax: | (317) 630-1410 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 281 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10778 |
|---|---|
| Membership Type: | Single common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $747,642 |
| CEO/Manager: | Daniel D Fastenau |
| Chairperson: | Matthew Herndon |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 142,244 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 102,597 |
| Other Loans | 441,720 |
| TOTAL LOANS | 544,317 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,090 |
| Land And Building | 0 |
| Other Fixed Assets | 2,311 |
| NCUSIF Deposit | 5,433 |
| All Other Assets | 0 |
| TOTAL ASSETS | 747,642 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 6 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 523,392 |
| All Other Shares & Deposits | 57,766 |
| TOTAL SHARES & DEPOSITS | 581,158 |
| TOTAL LIABILITIES | 581,164 |
| Regular Reserve | 0 |
| Other Reserves | 19,019 |
| Undivided Earnings | 147,459 |
| TOTAL EQUITY | 166,478 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 747,642 |
| INCOME & EXPENSE | |
| Loan Income | 6,392 |
| Investment Income | 1,893 |
| Other Income | 551 |
| Total Employee Compensation & Benefits | 3,000 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 4,695 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 65 |
| Cost of Funds | 476 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,529 |
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