Credit Unions Near Me
National Credit Union Service Organization

MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2020 — MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in BOGALUSA, LA with 1 branch location and about $881,102 in total assets. Opened 66 years ago in 1955, MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION has about 159 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
222 ARKANSAS AVE
BOGALUSA, LA 70427-3810
Phone:(985) 735-3900
Fax:(985) 730-2500
Website:n/a
Branches:1 branch locations
Members:159
Credit Union Type:Federal Credit Union
Charter Number:10011
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1955
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$881,102
CEO/Manager:Sheree Wascom
Chairperson:James Hall

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 96,463
TOTAL INVESTMENTS 574,307
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 198,056
 Other Loans 1,647
 TOTAL LOANS 199,703
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,000
 Land And Building 2,563
 Other Fixed Assets 3,045
 NCUSIF Deposit 5,717
 All Other Assets 1,304
  TOTAL ASSETS 881,102
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -1,324
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 607,547
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 607,547
  TOTAL LIABILITIES 606,223
 Regular Reserve 72,333
 Other Reserves 0
 Undivided Earnings 202,546
  TOTAL EQUITY 274,879
  TOTAL LIABILITIES, SHARES, & EQUITY 881,102
INCOME & EXPENSE  
 Loan Income 25,178
 Investment Income 3,900
 Other Income 0
 Total Employee Compensation & Benefits 16,475
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 9,678
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 2,911
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 14
↑ Back to Top

Other Credit Unions

WASHINGTON EDUCATIONAL ASSOC FEDERAL CREDIT UNION
308 - 11TH AVENUE
FRANKLINTON, LA 70438
S T S P FEDERAL CREDIT UNION
P.O. Box 592
LACOMBE, LA 70445-0592
FOURTH WARD FEDERAL CREDIT UNION
60233 Smilin Acres Rd
AMITE, LA 70422-3841
ARABI SUGAR WORKERS FEDERAL CREDIT UNION
11448 S Easterlyn Cir
NEW ORLEANS, LA 70128-5204
S E L H FEDERAL CREDIT UNION
P.O. Box 8709
MANDEVILLE, LA 70470-8709
DISTRICT 62 HIGHWAY FEDERAL CREDIT UNION
685 N MORRISON BLVD
HAMMOND, LA 70401-2309
S H P E FEDERAL CREDIT UNION
POST OFFICE BOX 487
GREENSBURG, LA 70441
CUSA FEDERAL CREDIT UNION
50 Louis Prima Dr Ste A
COVINGTON, LA 70433
TANGIPAHOA PARISH TEACHERS CREDIT UNION
P.O. BOX 427
AMITE, LA 70422
NODA FEDERAL CREDIT UNION
720 ROBERT BLVD
SLIDELL, LA 70458