Dec, 31, 2021 — S H P E FEDERAL CREDIT UNION is a federal credit union headquartered in GREENSBURG, LA with 1 branch location and about $4.16 million in total assets. Opened 63 years ago in 1959, S H P E FEDERAL CREDIT UNION has about 1,267 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | S H P E FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1110 Highway 1042 GREENSBURG, LA 70441 |
| Phone: | (225) 222-6869 |
| Fax: | (225) 222-6878 |
| Website: | http://sshpecu.org |
| Branches: | 1 branch locations |
| Members: | 1,267 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13248 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Jun 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,156,280 |
| CEO/Manager: | Pauline C Holden |
| Chairperson: | Charles Henry |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 471,763 |
| TOTAL INVESTMENTS | 1,303,058 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 674,440 |
| Other Loans | 1,678,201 |
| TOTAL LOANS | 2,352,641 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -28,789 |
| Land And Building | 22,111 |
| Other Fixed Assets | 1,974 |
| NCUSIF Deposit | 33,522 |
| All Other Assets | 0 |
| TOTAL ASSETS | 4,156,280 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,283 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 3,896,095 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 3,896,095 |
| TOTAL LIABILITIES | 3,897,378 |
| Regular Reserve | 51,078 |
| Other Reserves | 0 |
| Undivided Earnings | 207,824 |
| TOTAL EQUITY | 258,902 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,156,280 |
| INCOME & EXPENSE | |
| Loan Income | 156,055 |
| Investment Income | 16,015 |
| Other Income | 7,599 |
| Total Employee Compensation & Benefits | 65,220 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 56,457 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 33,867 |
| Cost of Funds | 28,228 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 9,569 |
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