Dec, 31, 2023 — MAPLE FEDERAL CREDIT UNION is a federal credit union headquartered in LAFAYETTE, LA with 2 branch locations and about $66.63 million in total assets. Opened 69 years ago in 1955, MAPLE FEDERAL CREDIT UNION has about 8,990 members and employs 17 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 |
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Address: (Main Office) | 105 Toledo Dr LAFAYETTE, LA 70506 |
Phone: | (337) 233-6264 |
Fax: | (337) 233-6234 |
Website: | https://www.maplefcu.net |
Branches: | 2 branch locations |
Members: | 8,990 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 10241 |
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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: | $66,631,133 |
CEO/Manager: | Pamela R Stelly |
Chairperson: | Jay Castille |
ASSETS: | $ Amount |
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Cash & Equivalents | 7,432,058 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 6,007,569 |
Other Loans | 46,128,677 |
TOTAL LOANS | 52,136,246 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -342,179 |
Land And Building | 1,623,660 |
Other Fixed Assets | 122,318 |
NCUSIF Deposit | 531,132 |
All Other Assets | 57,400 |
TOTAL ASSETS | 66,631,133 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 55,767 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 40,544 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 7,561,226 |
Regular shares | 35,837,798 |
All Other Shares & Deposits | 13,282,577 |
TOTAL SHARES & DEPOSITS | 56,681,601 |
TOTAL LIABILITIES | 56,777,912 |
Regular Reserve | 0 |
Other Reserves | 1,360,731 |
Undivided Earnings | 8,492,490 |
TOTAL EQUITY | 9,853,221 |
TOTAL LIABILITIES, SHARES, & EQUITY | 66,631,133 |
INCOME & EXPENSE | |
Loan Income | 2,424,386 |
Investment Income | 239,283 |
Other Income | 705,546 |
Total Employee Compensation & Benefits | 1,041,345 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,401,530 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 317,018 |
Cost of Funds | 353,861 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 642,035 |
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