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S E L H FEDERAL CREDIT UNION

Dec, 31, 2023 — S E L H FEDERAL CREDIT UNION is a federal credit union headquartered in Mandeville, LA with 0 branch location and about $4.77 million in total assets. Opened 69 years ago in 1955, S E L H FEDERAL CREDIT UNION has about 941 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:S E L H FEDERAL CREDIT UNION
Address:
(Main Office)
P.O. Box 8709
Mandeville, LA 70470-8709
Phone:(985) 626-6620
Fax:(985) 626-6607
Website:https://www.selhfcu.org
Branches:0 branch locations
Members:941
Credit Union Type:Federal Credit Union
Charter Number:10509
Membership Type:Multiple common bond - Primarily health care
Corporate Credit Union:No
Year Opened:1955
Last Audited:Jun 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$4,772,110
CEO/Manager:Liz B Jenkins
Chairperson:Bonnie P Batiste

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 526,611
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 547,615
 Other Loans 1,089,598
 TOTAL LOANS 1,637,213
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -5,250
 Land And Building 0
 Other Fixed Assets 306
 NCUSIF Deposit 42,148
 All Other Assets 0
  TOTAL ASSETS 4,772,110
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,836
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 513,442
 Regular shares 2,631,033
 All Other Shares & Deposits 1,261,165
  TOTAL SHARES & DEPOSITS 4,405,640
  TOTAL LIABILITIES 4,409,476
 Regular Reserve 0
 Other Reserves 359,443
 Undivided Earnings 3,191
  TOTAL EQUITY 362,634
  TOTAL LIABILITIES, SHARES, & EQUITY 4,772,110
INCOME & EXPENSE  
 Loan Income 98,821
 Investment Income 10,152
 Other Income 52,519
 Total Employee Compensation & Benefits 81,654
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 108,282
 Non-operating Income & (Expense) 10,768
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 4,216
 Cost of Funds 8,541
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -21,596
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