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 |
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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 |
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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 |
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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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