Jun, 30, 2021 — WYMAR FEDERAL CREDIT UNION is a federal credit union headquartered in GEISMAR, LA with 1 branch location and about $140.41 million in total assets. Opened 63 years ago in 1958, WYMAR FEDERAL CREDIT UNION has about 4,713 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: | WYMAR FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 457 GEISMAR, LA 70734 |
| Phone: | (225) 673-7191 |
| Fax: | (225) 612-6405 |
| Website: | http://www.wymarfcu.com |
| Branches: | 1 branch locations |
| Members: | 4,713 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12330 |
|---|---|
| Membership Type: | Manufacturing - Chemicals |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Jun 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $140,411,607 |
| CEO/Manager: | Ronnie L Stephens |
| Chairperson: | Danny G Robert |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,030,274 |
| TOTAL INVESTMENTS | 27,474,427 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 61,646,295 |
| Unsecured Loans | 2,657,369 |
| Other Loans | 30,258,826 |
| TOTAL LOANS | 94,562,490 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -56,114 |
| Land And Building | 0 |
| Other Fixed Assets | 660,776 |
| NCUSIF Deposit | 1,041,972 |
| All Other Assets | 8,697,782 |
| TOTAL ASSETS | 140,411,607 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 145,985 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,214,772 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 16,434,422 |
| Regular shares | 62,570,570 |
| All Other Shares & Deposits | 39,722,952 |
| TOTAL SHARES & DEPOSITS | 118,727,944 |
| TOTAL LIABILITIES | 120,088,701 |
| Regular Reserve | 2,682,304 |
| Other Reserves | 462,443 |
| Undivided Earnings | 17,178,159 |
| TOTAL EQUITY | 20,322,906 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 140,411,607 |
| INCOME & EXPENSE | |
| Loan Income | 2,006,726 |
| Investment Income | 390,982 |
| Other Income | 546,056 |
| Total Employee Compensation & Benefits | 722,749 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 652,538 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -1,346 |
| Cost of Funds | 655,348 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 928,683 |
| ↑ Back to Top | |