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S E L H FEDERAL CREDIT UNION

Jun, 30, 2021 — S E L H FEDERAL CREDIT UNION is a federal credit union headquartered in Mandeville, LA with 0 branch location and about $4.27 million in total assets. Opened 66 years ago in 1955, S E L H FEDERAL CREDIT UNION has about 933 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:S E L H FEDERAL CREDIT UNION
Address:
(Main Office)
P.O. Box 8709
Mandeville, LA 70470-8709
Phone:(985) 624-3435
Fax:(985) 624-3727
Website:http://www.selhfcu.org
Branches:0 branch locations
Members:933
Credit Union Type:Federal Credit Union
Charter Number:10509
Membership Type:Multiple common bond - Primarily health care
Corporate Credit Union:No
Year Opened:1955
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$4,273,607
CEO/Manager:Liz B Jenkins
Chairperson:Laurie D Johnson

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 919,883
TOTAL INVESTMENTS 2,360,837
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 321,217
 Other Loans 644,724
 TOTAL LOANS 965,941
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -17,750
 Land And Building 0
 Other Fixed Assets 262
 NCUSIF Deposit 35,279
 All Other Assets 9,155
  TOTAL ASSETS 4,273,607
LIABILITIES & CAPITAL:  
 Dividends Payable 1,555
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 253,154
 Regular shares 2,790,806
 All Other Shares & Deposits 823,688
  TOTAL SHARES & DEPOSITS 3,867,648
  TOTAL LIABILITIES 3,869,203
 Regular Reserve 359,443
 Other Reserves 0
 Undivided Earnings 44,961
  TOTAL EQUITY 404,404
  TOTAL LIABILITIES, SHARES, & EQUITY 4,273,607
INCOME & EXPENSE  
 Loan Income 39,722
 Investment Income 5,500
 Other Income 35,851
 Total Employee Compensation & Benefits 53,876
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 51,025
 Non-operating Income & (Expense) 1,984
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 980
 Cost of Funds 4,986
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -19,703
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