Dec, 31, 2022 — IBERVILLE FEDERAL CREDIT UNION is a federal credit union headquartered in PLAQUEMINE, LA with 1 branch location and about $8.02 million in total assets. Opened 65 years ago in 1958, IBERVILLE FEDERAL CREDIT UNION has about 2,110 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) | 57920 Fort St PLAQUEMINE, LA 70764-3326 |
| Phone: | (225) 687-4836 |
| Fax: | (225) 687-5361 |
| Website: | https://www.ibervillefcu.org |
| Branches: | 1 branch locations |
| Members: | 2,110 |
| 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, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $8,018,670 |
| CEO/Manager: | Aleisha Hall |
| Chairperson: | Marie H Green |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,758,295 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 247,122 |
| Other Loans | 1,765,458 |
| TOTAL LOANS | 2,012,580 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -23,455 |
| Land And Building | 52,061 |
| Other Fixed Assets | 41,505 |
| NCUSIF Deposit | 71,621 |
| All Other Assets | 0 |
| TOTAL ASSETS | 8,018,670 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 104,107 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 914,179 |
| Regular shares | 5,521,698 |
| All Other Shares & Deposits | 523,967 |
| TOTAL SHARES & DEPOSITS | 6,959,844 |
| TOTAL LIABILITIES | 7,063,951 |
| Regular Reserve | 0 |
| Other Reserves | 251,444 |
| Undivided Earnings | 703,275 |
| TOTAL EQUITY | 954,719 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 8,018,670 |
| INCOME & EXPENSE | |
| Loan Income | 139,381 |
| Investment Income | 21,317 |
| Other Income | 139,130 |
| Total Employee Compensation & Benefits | 140,923 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 209,066 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 6,859 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 54,194 |
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