Dec, 31, 2023 — W B R T FEDERAL CREDIT UNION is a federal credit union headquartered in PORT ALLEN, LA with 1 branch location and about $2.53 million in total assets. Opened 65 years ago in 1959, W B R T FEDERAL CREDIT UNION has about 1,082 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | W B R T FEDERAL CREDIT UNION |
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Address: (Main Office) | 673 Rosedale Rd PORT ALLEN, LA 70767 |
Phone: | (225) 344-0318 |
Fax: | (225) 346-1317 |
Website: | https://www.wbrtfcu.com |
Branches: | 1 branch locations |
Members: | 1,082 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 12735 |
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Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1959 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,525,544 |
CEO/Manager: | Angella Johnson |
Chairperson: | Dwain Hall |
ASSETS: | $ Amount |
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Cash & Equivalents | 465,781 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 518,074 |
Other Loans | 1,417,723 |
TOTAL LOANS | 1,935,797 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -34,646 |
Land And Building | 106,755 |
Other Fixed Assets | 2,349 |
NCUSIF Deposit | 17,965 |
All Other Assets | 0 |
TOTAL ASSETS | 2,525,544 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 82,643 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 163,024 |
Regular shares | 1,632,349 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,795,373 |
TOTAL LIABILITIES | 1,878,016 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 647,528 |
TOTAL EQUITY | 647,528 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,525,544 |
INCOME & EXPENSE | |
Loan Income | 180,927 |
Investment Income | 14,648 |
Other Income | 66,103 |
Total Employee Compensation & Benefits | 57,378 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 167,641 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 27,177 |
Cost of Funds | 4,477 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 9,887 |
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» See also Statement of Financial Condition