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S E L H FEDERAL CREDIT UNION

Dec, 31, 2020 — S E L H FEDERAL CREDIT UNION is a federal credit union headquartered in Mandeville, LA with 0 branch location and about $3.95 million in total assets. Opened 66 years ago in 1955, S E L H FEDERAL CREDIT UNION has about 980 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:980
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:$3,953,002
CEO/Manager:Liz B Jenkins
Chairperson:Laurie D Johnson

Call Report

  • Risk Based Loans
  • ATM/Debit Card Program
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 497,071
TOTAL INVESTMENTS 2,810,837
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 379,951
 Other Loans 249,421
 TOTAL LOANS 629,372
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -15,000
 Land And Building 0
 Other Fixed Assets 216
 NCUSIF Deposit 25,912
 All Other Assets 4,594
  TOTAL ASSETS 3,953,002
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,019
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 232,266
 Regular shares 2,645,127
 All Other Shares & Deposits 650,483
  TOTAL SHARES & DEPOSITS 3,527,876
  TOTAL LIABILITIES 3,528,895
 Regular Reserve 359,443
 Other Reserves 0
 Undivided Earnings 64,664
  TOTAL EQUITY 424,107
  TOTAL LIABILITIES, SHARES, & EQUITY 3,953,002
INCOME & EXPENSE  
 Loan Income 92,499
 Investment Income 28,505
 Other Income 66,734
 Total Employee Compensation & Benefits 123,583
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 98,670
 Non-operating Income & (Expense) 20,253
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,889
 Cost of Funds 17,646
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -33,797
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