GESB SHEET METAL WORKERS Credit Union Profile

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GESB SHEET METAL WORKERS

Charter #13974 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (219) 764-3204

Fax: (219) 764-7405

Founding Date: N/A

Website: http://www.gesbfcu.org

Personnel & Operations

President: Bippus, Michael

Manager: Mihal, Michele

FT Employees: 2

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 02

Branches: 1

Hours: M-F 9:00 - 5:00

Credit Union Profile Summary

GESB SHEET METAL WORKERS is a FCU Credit Union. With a total of 1,966 members [1], this institution manages approximately $10,891,079 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 10.76% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -3.99% [1].

Financial Snapshot

Total Assets [1]
$10,891,079

Total economic resources.

Total Loans [1]
$6,748,119

Total value of outstanding loans.

Total Deposits [1]
$9,713,346

Total funds deposited by members.

Members [1]
1,966

Number of active members.

Performance Ratios

Net Worth Ratio [1]
10.76%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.75%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
69.47%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
-3.56%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-3.99%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
5.25%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

6450 AMERIPLEX DR

PORTAGE, IN, 46368-1389

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by GESB SHEET METAL WORKERS (Charter #13974).

Main Office

GESB FCU Main Office

Type: Corporate Office

6450 Ameriplex Dr

Portage, IN 46368-1389

Phone: (219) 764-3204

Services: None specified

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