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BATON ROUGE CITY PARISH EMP FEDERAL CREDIT UNION

Dec, 31, 2023 — BATON ROUGE CITY PARISH EMP FEDERAL CREDIT UNION is a federal credit union headquartered in BATON ROUGE, LA with 1 branch location and about $55.03 million in total assets. Opened 75 years ago in 1949, BATON ROUGE CITY PARISH EMP FEDERAL CREDIT UNION has about 5,941 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:BATON ROUGE CITY PARISH EMP FEDERAL CREDIT UNION
Address:
(Main Office)
433 Government St
BATON ROUGE, LA 70802-6114
Phone:(225) 389-3059
Fax:(225) 389-5448
Website:https://www.brcpefcu.org
Branches:1 branch locations
Members:5,941
Credit Union Type:Federal Credit Union
Charter Number:6339
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1949
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$55,030,852
CEO/Manager:Doris B Richardson
Chairperson:Mark LeBlanc

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 7,308,404
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 948,276
 Unsecured Loans 3,471,587
 Other Loans 15,634,060
 TOTAL LOANS 20,053,923
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -138,166
 Land And Building 392,496
 Other Fixed Assets 68,163
 NCUSIF Deposit 466,574
 All Other Assets 0
  TOTAL ASSETS 55,030,852
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 579,744
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,344,637
 Regular shares 36,899,866
 All Other Shares & Deposits 764,738
  TOTAL SHARES & DEPOSITS 44,009,241
  TOTAL LIABILITIES 44,588,985
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 10,441,867
  TOTAL EQUITY 10,441,867
  TOTAL LIABILITIES, SHARES, & EQUITY 55,030,852
INCOME & EXPENSE  
 Loan Income 996,164
 Investment Income 1,478,864
 Other Income 449,272
 Total Employee Compensation & Benefits 855,559
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,216,926
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 380,210
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 819,008
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