Dec, 31, 2023 — ST. TAMMANY FEDERAL CREDIT UNION is a federal credit union headquartered in SLIDELL, LA with 3 branch locations and about $53.25 million in total assets. Opened 67 years ago in 1957, ST. TAMMANY FEDERAL CREDIT UNION has about 7,961 members and employs 17 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ST. TAMMANY FEDERAL CREDIT UNION |
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Address: (Main Office) | 550 Pontchartrain Dr SLIDELL, LA 70458 |
Phone: | (985) 643-1237 |
Fax: | (985) 643-4651 |
Website: | https://www.sttammanyfederalcu.org |
Branches: | 3 branch locations |
Members: | 7,961 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11942 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1957 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $53,247,165 |
CEO/Manager: | Glenda H Rushe |
Chairperson: | Elaine Prewett |
ASSETS: | $ Amount |
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Cash & Equivalents | 12,746,592 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 6,961,153 |
Other Loans | 29,480,518 |
TOTAL LOANS | 36,441,671 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -585,735 |
Land And Building | 1,973,542 |
Other Fixed Assets | 250,842 |
NCUSIF Deposit | 389,962 |
All Other Assets | 0 |
TOTAL ASSETS | 53,247,165 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 240,909 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 6,779,670 |
Regular shares | 20,493,481 |
All Other Shares & Deposits | 19,328,938 |
TOTAL SHARES & DEPOSITS | 46,602,090 |
TOTAL LIABILITIES | 46,842,999 |
Regular Reserve | 0 |
Other Reserves | 353,356 |
Undivided Earnings | 6,050,810 |
TOTAL EQUITY | 6,404,166 |
TOTAL LIABILITIES, SHARES, & EQUITY | 53,247,165 |
INCOME & EXPENSE | |
Loan Income | 2,297,557 |
Investment Income | 122,976 |
Other Income | 863,530 |
Total Employee Compensation & Benefits | 1,133,084 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,983,974 |
Non-operating Income & (Expense) | 593,713 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 255,921 |
Cost of Funds | 421,903 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 404,526 |
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