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 |
| 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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