Mar, 31, 2021 — WYMAR FEDERAL CREDIT UNION is a federal credit union headquartered in GEISMAR, LA with 1 branch location and about $138.42 million in total assets. Opened 63 years ago in 1958, WYMAR FEDERAL CREDIT UNION has about 4,694 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: | 4,694 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12330 |
|---|---|
| Membership Type: | Manufacturing - Chemicals |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Jun 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $138,424,868 |
| CEO/Manager: | Ronnie L Stephens |
| Chairperson: | Danny G Robert |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,742,214 |
| TOTAL INVESTMENTS | 27,947,504 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 58,915,091 |
| Unsecured Loans | 2,701,321 |
| Other Loans | 30,351,016 |
| TOTAL LOANS | 91,967,428 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -46,969 |
| Land And Building | 0 |
| Other Fixed Assets | 664,854 |
| NCUSIF Deposit | 1,011,655 |
| All Other Assets | 8,138,182 |
| TOTAL ASSETS | 138,424,868 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 112,989 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -52,039 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 15,352,403 |
| Regular shares | 63,174,513 |
| All Other Shares & Deposits | 40,423,691 |
| TOTAL SHARES & DEPOSITS | 118,950,607 |
| TOTAL LIABILITIES | 119,011,557 |
| Regular Reserve | 2,682,304 |
| Other Reserves | 112,649 |
| Undivided Earnings | 16,618,358 |
| TOTAL EQUITY | 19,413,311 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 138,424,868 |
| INCOME & EXPENSE | |
| Loan Income | 825,835 |
| Investment Income | 194,109 |
| Other Income | 211,230 |
| Total Employee Compensation & Benefits | 396,705 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 313,551 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -7,578 |
| Cost of Funds | 159,612 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 368,884 |
| ↑ Back to Top | |