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 |
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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 |
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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 |
ASSETS: | $ Amount |
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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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