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S E L H FEDERAL CREDIT UNION

Mar, 31, 2021 — S E L H FEDERAL CREDIT UNION is a federal credit union headquartered in Mandeville, LA with 0 branch location and about $4.32 million in total assets. Opened 66 years ago in 1955, S E L H FEDERAL CREDIT UNION has about 981 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:981
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:$4,316,437
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 1,298,699
TOTAL INVESTMENTS 2,260,837
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 305,055
 Other Loans 437,930
 TOTAL LOANS 742,985
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -16,250
 Land And Building 0
 Other Fixed Assets 167
 NCUSIF Deposit 25,912
 All Other Assets 4,087
  TOTAL ASSETS 4,316,437
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,052
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 247,862
 Regular shares 2,853,473
 All Other Shares & Deposits 804,719
  TOTAL SHARES & DEPOSITS 3,906,054
  TOTAL LIABILITIES 3,907,106
 Regular Reserve 359,443
 Other Reserves 0
 Undivided Earnings 49,888
  TOTAL EQUITY 409,331
  TOTAL LIABILITIES, SHARES, & EQUITY 4,316,437
INCOME & EXPENSE  
 Loan Income 20,315
 Investment Income 3,415
 Other Income 17,129
 Total Employee Compensation & Benefits 29,131
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 24,970
 Non-operating Income & (Expense) 1,085
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 230
 Cost of Funds 2,389
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -14,776
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