Mar, 31, 2021 — IBERVILLE FEDERAL CREDIT UNION is a federal credit union headquartered in PLAQUEMINE, LA with 1 branch location and about $8.10 million in total assets. Opened 63 years ago in 1958, IBERVILLE FEDERAL CREDIT UNION has about 2,236 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | IBERVILLE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 66 PLAQUEMINE, LA 70765 |
| Phone: | (225) 687-4836 |
| Fax: | (225) 687-5361 |
| Website: | http://www.ibervillefcu.org |
| Branches: | 1 branch locations |
| Members: | 2,236 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12356 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $8,103,135 |
| CEO/Manager: | Aleisha Hall |
| Chairperson: | Marie H Green |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,365,876 |
| TOTAL INVESTMENTS | 2,330,758 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 173,586 |
| Other Loans | 2,062,331 |
| TOTAL LOANS | 2,235,917 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -31,139 |
| Land And Building | 53,021 |
| Other Fixed Assets | 58,434 |
| NCUSIF Deposit | 47,717 |
| All Other Assets | 42,551 |
| TOTAL ASSETS | 8,103,135 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 85,983 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,169,993 |
| Regular shares | 5,086,078 |
| All Other Shares & Deposits | 864,344 |
| TOTAL SHARES & DEPOSITS | 7,120,415 |
| TOTAL LIABILITIES | 7,206,398 |
| Regular Reserve | 251,444 |
| Other Reserves | 0 |
| Undivided Earnings | 645,293 |
| TOTAL EQUITY | 896,737 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 8,103,135 |
| INCOME & EXPENSE | |
| Loan Income | 48,926 |
| Investment Income | 2,708 |
| Other Income | 39,021 |
| Total Employee Compensation & Benefits | 43,501 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 69,690 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 24,756 |
| Cost of Funds | 3,359 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -24,810 |
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