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NEW ORLEANS CLERK & CHECKERS FEDERAL CREDIT UNION

Dec, 31, 2021 — NEW ORLEANS CLERK & CHECKERS FEDERAL CREDIT UNION is a federal credit union headquartered in METAIRIE, LA with 1 branch location and about $9.76 million in total assets. Opened 67 years ago in 1955, NEW ORLEANS CLERK & CHECKERS FEDERAL CREDIT UNION has about 1,106 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:NEW ORLEANS CLERK & CHECKERS FEDERAL CREDIT UNION
Address:
(Main Office)
651 BONNABEL BLVD
METAIRIE, LA 70005-2605
Phone:(504) 837-2828
Fax:(504) 832-1989
Website:http://www.facebook.com/noccfcu
Branches:1 branch locations
Members:1,106
Credit Union Type:Federal Credit Union
Charter Number:10515
Membership Type:Associational - Fraternal, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1955
Last Audited:Nov 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$9,758,086
CEO/Manager:NANCY R VAN FLEET
Chairperson:WARREN O HOTARD, III

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,397,153
TOTAL INVESTMENTS 1,562,068
Loans Held for Sale 0
 
 Real Estate Loans 2,353,292
 Unsecured Loans 892,438
 Other Loans 1,229,255
 TOTAL LOANS 4,474,985
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -26,513
 Land And Building 76,622
 Other Fixed Assets 10,639
 NCUSIF Deposit 77,621
 All Other Assets 185,511
  TOTAL ASSETS 9,758,086
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 165,688
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 7,951,072
 All Other Shares & Deposits 155,917
  TOTAL SHARES & DEPOSITS 8,106,989
  TOTAL LIABILITIES 8,272,677
 Regular Reserve 342,094
 Other Reserves 0
 Undivided Earnings 1,143,315
  TOTAL EQUITY 1,485,409
  TOTAL LIABILITIES, SHARES, & EQUITY 9,758,086
INCOME & EXPENSE  
 Loan Income 306,675
 Investment Income 13,415
 Other Income 1,673
 Total Employee Compensation & Benefits 165,099
 NCUSIF Premiums Expense 2,049
 Total Other Operating Expenses 111,648
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 41,746
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 6,518
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