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S E L H FEDERAL CREDIT UNION

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
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
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

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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