WEST JEFFERSON FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.wjfcu.virtualcu.net for more information.
Dec, 31, 2023 — WEST JEFFERSON FEDERAL CREDIT UNION is a federal credit union headquartered in MARRERO, LA with 1 branch location and about $8.11 million in total assets. Opened 44 years ago in 1980, WEST JEFFERSON FEDERAL CREDIT UNION has about 1,128 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WEST JEFFERSON FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1111 MEDICAL CENTER BLVD Ste N118 MARRERO, LA 70072 |
| Phone: | (504) 349-1350 |
| Fax: | (504) 349-1353 |
| Website: | https://www.wjfcu.virtualcu.net |
| Branches: | 1 branch locations |
| Members: | 1,128 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 23607 |
|---|---|
| Membership Type: | Service - Health Care |
| Corporate Credit Union: | No |
| Year Opened: | 1980 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $8,107,933 |
| CEO/Manager: | Lisa Hudson |
| Chairperson: | GAIL BRUCE |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,604,804 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 267,138 |
| Unsecured Loans | 610,158 |
| Other Loans | 1,666,351 |
| TOTAL LOANS | 2,543,647 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -187,070 |
| Land And Building | 0 |
| Other Fixed Assets | 5,592 |
| NCUSIF Deposit | 63,433 |
| All Other Assets | 0 |
| TOTAL ASSETS | 8,107,933 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,500 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 113,175 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,419,586 |
| Regular shares | 6,401,396 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 7,820,982 |
| TOTAL LIABILITIES | 7,937,657 |
| Regular Reserve | 0 |
| Other Reserves | 164,450 |
| Undivided Earnings | 5,826 |
| TOTAL EQUITY | 170,276 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 8,107,933 |
| INCOME & EXPENSE | |
| Loan Income | 36,858 |
| Investment Income | 907 |
| Other Income | 7,687 |
| Total Employee Compensation & Benefits | 21,062 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 17,554 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 831 |
| Cost of Funds | 179 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,826 |
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