Jun, 30, 2021 — south BEND article OFFICE credit UNION is a federally insured state hired credit union headquartered in south Bend, IN with 1 branch location and also about$10.78 millionin complete assets. Opened up 97 years ago in 1924, south BEND short article OFFICE credit UNION hasabout 1,166members and employs 4 full and part-time employeesoffering assorted banking and also financial connected services such together Checking & to save accounts, ATM/Debit card Program and also more.


Charter Number:Membership Type:Corporate credit Union:Year Opened:Last Audited:FHLB Member:Low earnings Designation:Assets:CEO/Manager:Chairperson:
66255
State chartered natural person
No
1924
Dec 01, 2020
No
No
$10,779,644
Rex D Bulgrien
John Tarwacki

Call Report


» See also Statement of jae won ConditionASSETS:$ Amount
 Cash & Equivalents51,762
TOTAL INVESTMENTS8,059,677
Loans organized for Sale0
 Real heritage Loans0
 Unsecured Loans736,456
 Other Loans1,757,155
 TOTAL LOANS2,493,611
 (Allowance for Loan & Lease casualty or allowance for credit transaction Losses on loan & Leases)-23,654
 Land and Building55,679
 Other resolved Assets18,517
 NCUSIF Deposit89,150
 All other Assets34,902
  TOTAL ASSETS10,779,644
LIABILITIES & CAPITAL:
 Dividends Payable0
 Notes & attention Payable0
 Accounts Payable & various other Liabilities46,461
 Uninsured an additional Capital and Subordinated Debt contained in network Worth0
 Share Drafts1,387,822
 Regular shares8,110,347
 All other Shares & Deposits0
  TOTAL shares & DEPOSITS9,498,169
  TOTAL LIABILITIES9,544,630
 Regular Reserve796,160
 Other Reserves0
 Undivided Earnings438,854
  TOTAL EQUITY1,235,014
  TOTAL LIABILITIES, SHARES, & EQUITY10,779,644
INCOME & EXPENSE
 Loan Income89,356
 Investment Income36,930
 Other Income8,099
 Total Employee Compensation & Benefits73,930
 NCUSIF Premiums Expense0
 Total various other Operating Expenses73,796
 Non-operating earnings & (Expense)0
 NCUSIF Stabilization IncomeN/A
 Provision because that Loan/Lease losses or full Credit lose Expense11,818
 Cost that Funds1,993
 NET income (LOSS) excluding STABILIZATION expense & NCUSIF PREMIUMN/A
Net earnings (Loss)20,536
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