Credit Unions Near Me
National Credit Union Service Organization

CUSA FEDERAL CREDIT UNION

Dec, 31, 2020 — CUSA FEDERAL CREDIT UNION is a federal credit union headquartered in Covington, LA with 3 branch locations and about $33.80 million in total assets. Opened 66 years ago in 1955, CUSA FEDERAL CREDIT UNION has about 2,964 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CUSA FEDERAL CREDIT UNION
Address:
(Main Office)
50 Louis Prima Dr Ste A
Covington, LA 70433
Phone:(985) 809-0521
Fax:(985) 888-6897
Website:http://www.cusafcu.com
Branches:3 branch locations
Members:2,964
Credit Union Type:Federal Credit Union
Charter Number:10640
Membership Type:Multiple common bond - Primarily other manufacturing
Corporate Credit Union:No
Year Opened:1955
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$33,804,788
CEO/Manager:Jeana P Rodivich
Chairperson:Robbie Severin

Call Report

  • Commercial Loans
  • Overdraft Lines of Credit
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,975,385
TOTAL INVESTMENTS 3,045,799
Loans Held for Sale 0
 
 Real Estate Loans 10,337,749
 Unsecured Loans 2,175,913
 Other Loans 13,130,108
 TOTAL LOANS 25,643,770
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -153,588
 Land And Building 640,588
 Other Fixed Assets 140,716
 NCUSIF Deposit 276,020
 All Other Assets 236,098
  TOTAL ASSETS 33,804,788
LIABILITIES & CAPITAL:  
 Dividends Payable 40,137
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 15,997
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,957,555
 Regular shares 11,011,196
 All Other Shares & Deposits 16,103,148
  TOTAL SHARES & DEPOSITS 30,071,899
  TOTAL LIABILITIES 30,128,033
 Regular Reserve 1,033,085
 Other Reserves 54,798
 Undivided Earnings 2,588,872
  TOTAL EQUITY 3,676,755
  TOTAL LIABILITIES, SHARES, & EQUITY 33,804,788
INCOME & EXPENSE  
 Loan Income 1,238,845
 Investment Income 62,924
 Other Income 237,808
 Total Employee Compensation & Benefits 521,420
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 682,482
 Non-operating Income & (Expense) -19,881
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 189,960
 Cost of Funds 251,535
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -125,701
↑ Back to Top

Other Credit Unions

S T S P FEDERAL CREDIT UNION
P.O. Box 592
LACOMBE, LA 70445-0592
MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION
222 ARKANSAS AVE
BOGALUSA, LA 70427-3810
ARABI SUGAR WORKERS FEDERAL CREDIT UNION
11448 S Easterlyn Cir
NEW ORLEANS, LA 70128-5204
FOURTH WARD FEDERAL CREDIT UNION
60233 Smilin Acres Rd
AMITE, LA 70422-3841
WASHINGTON EDUCATIONAL ASSOC FEDERAL CREDIT UNION
308 - 11TH AVENUE
FRANKLINTON, LA 70438
S E L H FEDERAL CREDIT UNION
P.O. Box 8709
MANDEVILLE, LA 70470-8709
DISTRICT 62 HIGHWAY FEDERAL CREDIT UNION
685 N MORRISON BLVD
HAMMOND, LA 70401-2309
ELECTRICAL WORKERS LOCAL 130 FEDERAL CREDIT UNION
3200 RIDGELAKE DR STE 304
METAIRIE, LA 70002-4960
NODA FEDERAL CREDIT UNION
720 ROBERT BLVD
SLIDELL, LA 70458
ST. TAMMANY FEDERAL CREDIT UNION
550 PONTCHARTRAIN DR
SLIDELL, LA 70458