Dec, 31, 2020 — MAPLE FEDERAL CREDIT UNION is a federal credit union headquartered in LAFAYETTE, LA with 1 branch location and about $43.44 million in total assets. Opened 66 years ago in 1955, MAPLE FEDERAL CREDIT UNION has about 6,894 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MAPLE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | P O BOX 61001 LAFAYETTE, LA 70596 |
| Phone: | (337) 233-6264 |
| Fax: | (337) 233-6234 |
| Website: | http://www.maplefcu.net |
| Branches: | 1 branch locations |
| Members: | 6,894 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10241 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Sep 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $43,436,684 |
| CEO/Manager: | Pamela R Stelly |
| Chairperson: | Jay Castille |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,989,488 |
| TOTAL INVESTMENTS | 5,415,149 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 4,219,219 |
| Other Loans | 26,023,101 |
| TOTAL LOANS | 30,242,320 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -244,874 |
| Land And Building | 1,403,085 |
| Other Fixed Assets | 115,959 |
| NCUSIF Deposit | 317,544 |
| All Other Assets | 198,013 |
| TOTAL ASSETS | 43,436,684 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 10,245 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 13,300 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,885,810 |
| Regular shares | 24,810,460 |
| All Other Shares & Deposits | 6,677,998 |
| TOTAL SHARES & DEPOSITS | 38,374,268 |
| TOTAL LIABILITIES | 38,397,813 |
| Regular Reserve | 158,193 |
| Other Reserves | 0 |
| Undivided Earnings | 4,880,678 |
| TOTAL EQUITY | 5,038,871 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 43,436,684 |
| INCOME & EXPENSE | |
| Loan Income | 1,444,647 |
| Investment Income | 89,029 |
| Other Income | 758,444 |
| Total Employee Compensation & Benefits | 651,747 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,042,436 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 107,724 |
| Cost of Funds | 177,235 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 312,978 |
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