Dec, 31, 2021 — S E L H FEDERAL CREDIT UNION is a federal credit union headquartered in MANDEVILLE, LA with 0 branch location and about $4.60 million in total assets. Opened 67 years ago in 1955, S E L H FEDERAL CREDIT UNION has about 946 members and employs 3 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 |
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Address: (Main Office) | 23455 Sparrow Rd MANDEVILLE, LA 70448-7378 |
Phone: | (985) 626-6620 |
Fax: | (985) 626-6607 |
Website: | http://www.selhfcu.org |
Branches: | 0 branch locations |
Members: | 946 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 10509 |
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Membership Type: | Multiple common bond - Primarily health care |
Corporate Credit Union: | No |
Year Opened: | 1955 |
Last Audited: | Jun 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $4,603,808 |
CEO/Manager: | Liz B Jenkins |
Chairperson: | Bonnie P Batiste |
ASSETS: | $ Amount |
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Cash & Equivalents | 499,653 |
TOTAL INVESTMENTS | 2,808,837 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 449,090 |
Other Loans | 822,966 |
TOTAL LOANS | 1,272,056 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -15,500 |
Land And Building | 0 |
Other Fixed Assets | 157 |
NCUSIF Deposit | 35,279 |
All Other Assets | 3,326 |
TOTAL ASSETS | 4,603,808 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 4,765 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 364,147 |
Regular shares | 2,938,192 |
All Other Shares & Deposits | 912,473 |
TOTAL SHARES & DEPOSITS | 4,214,812 |
TOTAL LIABILITIES | 4,219,577 |
Regular Reserve | 359,443 |
Other Reserves | 0 |
Undivided Earnings | 24,788 |
TOTAL EQUITY | 384,231 |
TOTAL LIABILITIES, SHARES, & EQUITY | 4,603,808 |
INCOME & EXPENSE | |
Loan Income | 89,950 |
Investment Income | 7,843 |
Other Income | 73,777 |
Total Employee Compensation & Benefits | 120,462 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 103,178 |
Non-operating Income & (Expense) | 20,368 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,702 |
Cost of Funds | 10,540 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -39,879 |
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