Dec, 31, 2023 — LA CAPITOL FEDERAL CREDIT UNION is a federal credit union headquartered in BATON ROUGE, LA with 15 branch locations and about $765.83 million in total assets. Opened 63 years ago in 1961, LA CAPITOL FEDERAL CREDIT UNION has about 53,936 members and employs 173 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | LA CAPITOL FEDERAL CREDIT UNION |
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Address: (Main Office) | 700 Main St BATON ROUGE, LA 70802-5501 |
Phone: | (225) 342-5055 |
Fax: | (225) 342-9135 |
Website: | https://www.lacapfcu.org |
Branches: | 15 branch locations |
Members: | 53,936 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 14568 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1961 |
Last Audited: | Dec 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $765,832,080 |
CEO/Manager: | Michael E Hooper |
Chairperson: | Cynthia Rougeou |
ASSETS: | $ Amount |
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Cash & Equivalents | 26,554,572 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 178,398,812 |
Unsecured Loans | 55,524,467 |
Other Loans | 388,223,764 |
TOTAL LOANS | 622,147,042 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,357,604 |
Land And Building | 16,232,292 |
Other Fixed Assets | 2,718,893 |
NCUSIF Deposit | 6,051,951 |
All Other Assets | 491,906 |
TOTAL ASSETS | 765,832,080 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 7,547 |
Notes & Interest Payable | 37,313,130 |
Accounts Payable & Other Liabilities | 8,127,265 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 143,018,624 |
Regular shares | 298,325,212 |
All Other Shares & Deposits | 197,414,067 |
TOTAL SHARES & DEPOSITS | 638,757,903 |
TOTAL LIABILITIES | 684,205,845 |
Regular Reserve | 0 |
Other Reserves | 17,095,907 |
Undivided Earnings | 64,530,328 |
TOTAL EQUITY | 81,626,235 |
TOTAL LIABILITIES, SHARES, & EQUITY | 765,832,080 |
INCOME & EXPENSE | |
Loan Income | 30,441,377 |
Investment Income | 1,261,131 |
Other Income | 5,501,393 |
Total Employee Compensation & Benefits | 15,314,724 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 14,394,628 |
Non-operating Income & (Expense) | 3,352,292 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,850,000 |
Cost of Funds | 6,960,636 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 4,767,794 |
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