Dec, 31, 2020 — IBERVILLE FEDERAL CREDIT UNION is a federal credit union headquartered in PLAQUEMINE, LA with 1 branch location and about $7.47 million in total assets. Opened 63 years ago in 1958, IBERVILLE FEDERAL CREDIT UNION has about 2,571 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: | 2,571 |
| 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, 2019 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $7,469,033 |
| CEO/Manager: | Aleisha Hall |
| Chairperson: | Marie H Green |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,765,339 |
| TOTAL INVESTMENTS | 2,182,753 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 215,805 |
| Other Loans | 2,091,424 |
| TOTAL LOANS | 2,307,229 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -5,472 |
| Land And Building | 53,180 |
| Other Fixed Assets | 62,890 |
| NCUSIF Deposit | 47,717 |
| All Other Assets | 55,397 |
| TOTAL ASSETS | 7,469,033 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 90,307 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 966,260 |
| Regular shares | 4,572,079 |
| All Other Shares & Deposits | 918,841 |
| TOTAL SHARES & DEPOSITS | 6,457,180 |
| TOTAL LIABILITIES | 6,547,487 |
| Regular Reserve | 251,444 |
| Other Reserves | 0 |
| Undivided Earnings | 670,102 |
| TOTAL EQUITY | 921,546 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 7,469,033 |
| INCOME & EXPENSE | |
| Loan Income | 209,382 |
| Investment Income | 30,100 |
| Other Income | 262,580 |
| Total Employee Compensation & Benefits | 222,613 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 286,735 |
| Non-operating Income & (Expense) | 5,978 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 6,126 |
| Cost of Funds | 18,074 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -25,508 |
| ↑ Back to Top | |