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BEAUREGARD SCHOOL EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2023 — BEAUREGARD SCHOOL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in DERIDDER, LA with 1 branch location and about $30.07 million in total assets. Opened 57 years ago in 1967, BEAUREGARD SCHOOL EMPLOYEES FEDERAL CREDIT UNION has about 2,120 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:BEAUREGARD SCHOOL EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
902 W 1ST ST
DERIDDER, LA 70634-3702
Phone:(337) 462-0768
Fax:(337) 463-8645
Website:n/a
Branches:1 branch locations
Members:2,120
Credit Union Type:Federal Credit Union
Charter Number:17861
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1967
Last Audited:Sep 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$30,073,782
CEO/Manager:CHARLES R BROWN
Chairperson:RONNIE YOUNG

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 183,990
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,791,745
 Other Loans 17,030,974
 TOTAL LOANS 18,822,719
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -97,950
 Land And Building 445,043
 Other Fixed Assets 10,465
 NCUSIF Deposit 253,008
 All Other Assets 0
  TOTAL ASSETS 30,073,782
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 1,090,089
 Accounts Payable & Other Liabilities 22,477
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 25,308,563
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 25,308,563
  TOTAL LIABILITIES 26,421,129
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,652,653
  TOTAL EQUITY 3,652,653
  TOTAL LIABILITIES, SHARES, & EQUITY 30,073,782
INCOME & EXPENSE  
 Loan Income 729,590
 Investment Income 186,388
 Other Income 37,995
 Total Employee Compensation & Benefits 185,763
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 130,388
 Non-operating Income & (Expense) 58
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 24,000
 Cost of Funds 522,757
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 91,123
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