Dec, 31, 2023 — HEART OF LOUISIANA FEDERAL CREDIT UNION is a federal credit union headquartered in PINEVILLE, LA with 3 branch locations and about $132.20 million in total assets. Opened 69 years ago in 1955, HEART OF LOUISIANA FEDERAL CREDIT UNION has about 16,458 members and employs 44 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | HEART OF LOUISIANA FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 303 Edgewood Dr PINEVILLE, LA 71360-5444 |
Phone: | (318) 619-1900 |
Fax: | (318) 449-5519 |
Website: | https://www.heartcu.org |
Branches: | 3 branch locations |
Members: | 16,458 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 10164 |
---|---|
Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1955 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $132,204,216 |
CEO/Manager: | Cynthia G Beauregard |
Chairperson: | Michael Taylor |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 14,479,045 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 26,444,217 |
Unsecured Loans | 11,206,878 |
Other Loans | 26,805,568 |
TOTAL LOANS | 64,456,663 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,165,865 |
Land And Building | 3,984,236 |
Other Fixed Assets | 508,337 |
NCUSIF Deposit | 1,173,699 |
All Other Assets | 5,000 |
TOTAL ASSETS | 132,204,216 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 558,428 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 28,340,788 |
Regular shares | 72,861,825 |
All Other Shares & Deposits | 10,386,061 |
TOTAL SHARES & DEPOSITS | 111,588,674 |
TOTAL LIABILITIES | 112,147,102 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 20,057,114 |
TOTAL EQUITY | 20,057,114 |
TOTAL LIABILITIES, SHARES, & EQUITY | 132,204,216 |
INCOME & EXPENSE | |
Loan Income | 4,047,914 |
Investment Income | 1,809,784 |
Other Income | 1,502,951 |
Total Employee Compensation & Benefits | 3,610,964 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 3,171,011 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 421,588 |
Cost of Funds | 204,675 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,261,814 |
↑ Back to Top |