Dec, 31, 2023 — TLCU FINANCIAL CREDIT UNION is a federally insured state chartered credit union headquartered in MISHAWAKA, IN with 2 branch locations and about $52.99 million in total assets. Opened 71 years ago in 1953, TLCU FINANCIAL CREDIT UNION has about 3,973 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | TLCU FINANCIAL CREDIT UNION |
---|---|
Address: (Main Office) | 1816 N Main St MISHAWAKA, IN 46545-5616 |
Phone: | (574) 255-3193 |
Fax: | (574) 258-7622 |
Website: | https://tlcufinancial.org |
Branches: | 2 branch locations |
Members: | 3,973 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68286 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1953 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $52,987,827 |
CEO/Manager: | Kendra Fleckner |
Chairperson: | Deric Eggleston |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 2,856,750 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 4,254,573 |
Unsecured Loans | 1,898,944 |
Other Loans | 13,853,214 |
TOTAL LOANS | 20,006,730 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -40,639 |
Land And Building | 903,689 |
Other Fixed Assets | 34,539 |
NCUSIF Deposit | 450,548 |
All Other Assets | 0 |
TOTAL ASSETS | 52,987,827 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 281,178 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 8,277,465 |
Regular shares | 32,055,616 |
All Other Shares & Deposits | 4,515,839 |
TOTAL SHARES & DEPOSITS | 44,848,920 |
TOTAL LIABILITIES | 45,130,098 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 7,857,729 |
TOTAL EQUITY | 7,857,729 |
TOTAL LIABILITIES, SHARES, & EQUITY | 52,987,827 |
INCOME & EXPENSE | |
Loan Income | 946,357 |
Investment Income | 741,529 |
Other Income | 318,844 |
Total Employee Compensation & Benefits | 805,345 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 888,567 |
Non-operating Income & (Expense) | 10,617 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 247,051 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 516,379 |
↑ Back to Top |