Dec, 31, 2023 — L R F D FEDERAL CREDIT UNION is a federal credit union headquartered in LITTLE ROCK, AR with 3 branch locations and about $15.31 million in total assets. Opened 74 years ago in 1950, L R F D FEDERAL CREDIT UNION has about 879 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: | L R F D FEDERAL CREDIT UNION |
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Address: (Main Office) | 210 S Gaines St LITTLE ROCK, AR 72201-2218 |
Phone: | (501) 568-1001 |
Fax: | (501) 568-0885 |
Website: | https://lrfdfcu.virtualcu.net |
Branches: | 3 branch locations |
Members: | 879 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 6725 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1950 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $15,312,176 |
CEO/Manager: | STEPHEN A GREEN |
Chairperson: | CRAIG K MARTIN |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,802,890 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 2,553,222 |
Other Loans | 8,818,089 |
TOTAL LOANS | 11,371,311 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -13,013 |
Land And Building | 0 |
Other Fixed Assets | 1,465 |
NCUSIF Deposit | 137,674 |
All Other Assets | 0 |
TOTAL ASSETS | 15,312,176 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 246,042 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 12,588 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 662,743 |
Regular shares | 11,393,631 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 12,056,374 |
TOTAL LIABILITIES | 12,315,004 |
Regular Reserve | 0 |
Other Reserves | 419,693 |
Undivided Earnings | 2,577,479 |
TOTAL EQUITY | 2,997,172 |
TOTAL LIABILITIES, SHARES, & EQUITY | 15,312,176 |
INCOME & EXPENSE | |
Loan Income | 658,470 |
Investment Income | 169,728 |
Other Income | 1,022 |
Total Employee Compensation & Benefits | 128,047 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 114,124 |
Non-operating Income & (Expense) | 210 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -7,333 |
Cost of Funds | 428,932 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 165,660 |
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