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ST. TAMMANY FEDERAL CREDIT UNION

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
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
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

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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