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 |
| 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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