Dec, 31, 2023 — NORTHPARK COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in LEBANON, IN with 1 branch location and about $41.07 million in total assets. Opened 91 years ago in 1933, NORTHPARK COMMUNITY CREDIT UNION has about 4,593 members and employs 20 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NORTHPARK COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 450 S Lebanon St LEBANON, IN 46052-2548 |
| Phone: | (317) 733-2200 |
| Fax: | |
| Website: | https://northparkccu.org |
| Branches: | 1 branch locations |
| Members: | 4,593 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60251 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1933 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $41,069,995 |
| CEO/Manager: | Carma Parrish |
| Chairperson: | Lori Brenner |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,850,069 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 9,856,852 |
| Unsecured Loans | 5,000,969 |
| Other Loans | 22,328,280 |
| TOTAL LOANS | 37,186,101 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,953,101 |
| Land And Building | 1,116,331 |
| Other Fixed Assets | 193,014 |
| NCUSIF Deposit | 363,138 |
| All Other Assets | 0 |
| TOTAL ASSETS | 41,069,995 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 28,795 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,827,239 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,538,076 |
| Regular shares | 8,433,995 |
| All Other Shares & Deposits | 20,098,563 |
| TOTAL SHARES & DEPOSITS | 38,070,634 |
| TOTAL LIABILITIES | 39,926,668 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,143,327 |
| TOTAL EQUITY | 1,143,327 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 41,069,995 |
| INCOME & EXPENSE | |
| Loan Income | 2,786,139 |
| Investment Income | 57,717 |
| Other Income | 575,901 |
| Total Employee Compensation & Benefits | 1,757,754 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,344,899 |
| Non-operating Income & (Expense) | 496,763 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,730,403 |
| Cost of Funds | 584,067 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -3,430,710 |
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