Dec, 31, 2023 — CALCASIEU TEACHERS AND EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in LAKE CHARLES, LA with 3 branch locations and about $60.54 million in total assets. Opened 70 years ago in 1954, CALCASIEU TEACHERS AND EMPLOYEES CREDIT UNION has about 4,790 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CALCASIEU TEACHERS AND EMPLOYEES CREDIT UNION |
---|---|
Address: (Main Office) | 1690 E McNeese St LAKE CHARLES, LA 70607-4822 |
Phone: | (337) 433-4525 |
Fax: | |
Website: | https://www.calteacherscu.com |
Branches: | 3 branch locations |
Members: | 4,790 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 63142 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $60,539,592 |
CEO/Manager: | Jesse Busby |
Chairperson: | Craig Barber |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 7,267,875 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 8,535,001 |
Unsecured Loans | 2,666,322 |
Other Loans | 15,541,046 |
TOTAL LOANS | 26,742,369 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -174,209 |
Land And Building | 3,431,563 |
Other Fixed Assets | 228,759 |
NCUSIF Deposit | 528,099 |
All Other Assets | 0 |
TOTAL ASSETS | 60,539,592 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 81,814 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 4,554,286 |
Regular shares | 40,604,003 |
All Other Shares & Deposits | 6,356,922 |
TOTAL SHARES & DEPOSITS | 51,515,212 |
TOTAL LIABILITIES | 51,597,026 |
Regular Reserve | 0 |
Other Reserves | 1,950,425 |
Undivided Earnings | 6,992,141 |
TOTAL EQUITY | 8,942,566 |
TOTAL LIABILITIES, SHARES, & EQUITY | 60,539,592 |
INCOME & EXPENSE | |
Loan Income | 1,276,553 |
Investment Income | 1,198,639 |
Other Income | 101,806 |
Total Employee Compensation & Benefits | 844,663 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 735,927 |
Non-operating Income & (Expense) | 1,603 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 105,915 |
Cost of Funds | 150,123 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 821,676 |
↑ Back to Top |