Dec, 31, 2023 — HARVESTER FINANCIAL CREDIT UNION is a federally insured state chartered credit union headquartered in INDIANAPOLIS, IN with 2 branch locations and about $66.60 million in total assets. Opened 70 years ago in 1954, HARVESTER FINANCIAL CREDIT UNION has about 5,271 members and employs 19 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | HARVESTER FINANCIAL CREDIT UNION |
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Address: (Main Office) | 7020 Brookville Rd INDIANAPOLIS, IN 46239 |
Phone: | (317) 352-0455 |
Fax: | (317) 351-2351 |
Website: | https://www.harvesterfcu.org |
Branches: | 2 branch locations |
Members: | 5,271 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68584 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $66,597,696 |
CEO/Manager: | Jason Ford |
Chairperson: | Jerry R Walters |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,625,088 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 14,047,525 |
Unsecured Loans | 4,112,129 |
Other Loans | 21,377,573 |
TOTAL LOANS | 39,537,227 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -376,875 |
Land And Building | 1,323,348 |
Other Fixed Assets | 146,713 |
NCUSIF Deposit | 638,524 |
All Other Assets | 0 |
TOTAL ASSETS | 66,597,696 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 2,122 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 487,474 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 13,786,238 |
Regular shares | 25,825,545 |
All Other Shares & Deposits | 20,569,213 |
TOTAL SHARES & DEPOSITS | 60,180,995 |
TOTAL LIABILITIES | 60,670,591 |
Regular Reserve | 0 |
Other Reserves | 62,740 |
Undivided Earnings | 5,864,365 |
TOTAL EQUITY | 5,927,105 |
TOTAL LIABILITIES, SHARES, & EQUITY | 66,597,696 |
INCOME & EXPENSE | |
Loan Income | 1,929,736 |
Investment Income | 666,460 |
Other Income | 331,256 |
Total Employee Compensation & Benefits | 1,465,257 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,554,677 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 315,302 |
Cost of Funds | 189,730 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -48,235 |
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