SPELC FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.spelcfcu.com for more information.
Sep, 30, 2025 — SPELC FEDERAL CREDIT UNION is a federal credit union headquartered in LAKE CHARLES, LA with 1 branch location and about $13.58 million in total assets. Opened 70 years ago in 1956, SPELC FEDERAL CREDIT UNION has about 1,674 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: | SPELC FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 317 W 18TH ST LAKE CHARLES, LA 70601-8458 |
| Phone: | (337) 436-2257 |
| Fax: | (337) 433-0979 |
| Website: | https://www.spelcfcu.com |
| Branches: | 1 branch locations |
| Members: | 1,674 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11203 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Aug 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $13,575,521 |
| CEO/Manager: | LAURA MELANCON |
| Chairperson: | BETH FREY |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,996,652 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 388,753 |
| Unsecured Loans | 600,560 |
| Other Loans | 6,215,122 |
| TOTAL LOANS | 7,204,435 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -12,935 |
| Land And Building | 127,761 |
| Other Fixed Assets | 3,497 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 134,075 |
| All Other Assets | 0 |
| TOTAL ASSETS | 13,575,521 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 5,136 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,742,923 |
| Regular shares | 10,707,290 |
| All Other Shares & Deposits | 164,958 |
| TOTAL SHARES & DEPOSITS | 12,615,171 |
| TOTAL LIABILITIES | 12,620,307 |
| Regular Reserve | 0 |
| Other Reserves | 333,481 |
| Undivided Earnings | 621,733 |
| TOTAL EQUITY | 955,214 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 13,575,521 |
| INCOME & EXPENSE | |
| Loan Income | 182,529 |
| Investment Income | 17,768 |
| Other Income | 41,505 |
| Total Employee Compensation & Benefits | 121,520 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 153,460 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,500 |
| Cost of Funds | 2,309 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -32,824 |
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