Dec, 31, 2020 — OUACHITA VALLEY FEDERAL CREDIT UNION is a federal credit union headquartered in West Monroe, LA with 6 branch locations and about $296.44 million in total assets. Opened 66 years ago in 1955, OUACHITA VALLEY FEDERAL CREDIT UNION has about 32,179 members and employs 110 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | OUACHITA VALLEY FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | P O Box 1477 West Monroe, LA 71294 |
Phone: | (318) 387-4592 |
Fax: | (318) 387-6263 |
Website: | http://ouachitavalleyfcu.org |
Branches: | 6 branch locations |
Members: | 32,179 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 10181 |
---|---|
Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1955 |
Last Audited: | Dec 01, 2019 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $296,438,686 |
CEO/Manager: | Kathren(Katie) H Pilcher |
Chairperson: | Stanley(Dale) D Liner |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 61,902,108 |
TOTAL INVESTMENTS | 26,544,011 |
Loans Held for Sale | 0 |
Real Estate Loans | 46,846,252 |
Unsecured Loans | 13,013,486 |
Other Loans | 133,522,942 |
TOTAL LOANS | 193,464,933 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,084,153 |
Land And Building | 10,487,374 |
Other Fixed Assets | 682,254 |
NCUSIF Deposit | 2,412,137 |
All Other Assets | 2,030,022 |
TOTAL ASSETS | 296,438,686 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 10,863,181 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 48,994,301 |
Regular shares | 125,370,943 |
All Other Shares & Deposits | 80,896,277 |
TOTAL SHARES & DEPOSITS | 255,261,521 |
TOTAL LIABILITIES | 266,124,702 |
Regular Reserve | 2,302,871 |
Other Reserves | -3,796,053 |
Undivided Earnings | 31,807,166 |
TOTAL EQUITY | 30,313,984 |
TOTAL LIABILITIES, SHARES, & EQUITY | 296,438,686 |
INCOME & EXPENSE | |
Loan Income | 10,639,561 |
Investment Income | 536,199 |
Other Income | 6,741,968 |
Total Employee Compensation & Benefits | 7,044,316 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 6,765,701 |
Non-operating Income & (Expense) | 824,463 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 828,365 |
Cost of Funds | 1,991,742 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 2,112,067 |
↑ Back to Top |