Sep, 30, 2025 — JEFFERSON PARISH EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in HARAHAN, LA with 6 branch locations and about $162.44 million in total assets. Opened 67 years ago in 1959, JEFFERSON PARISH EMPLOYEES FEDERAL CREDIT UNION has about 14,089 members and employs 59 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | JEFFERSON PARISH EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1221 Elmwood Park Blvd HARAHAN, LA 70123 |
| Phone: | (504) 736-6144 |
| Fax: | (504) 736-6139 |
| Website: | https://www.jpefcu.org |
| Branches: | 6 branch locations |
| Members: | 14,089 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13271 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $162,443,068 |
| CEO/Manager: | Michael B Loyd |
| Chairperson: | Leo J Webb Sr. |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 16,347,596 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 38,981,309 |
| Unsecured Loans | 20,800,385 |
| Other Loans | 50,663,712 |
| TOTAL LOANS | 110,445,406 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -838,510 |
| Land And Building | 2,249,992 |
| Other Fixed Assets | 297,387 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,301,047 |
| All Other Assets | 0 |
| TOTAL ASSETS | 162,443,068 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,501,631 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 25,355,291 |
| Regular shares | 75,556,562 |
| All Other Shares & Deposits | 42,265,556 |
| TOTAL SHARES & DEPOSITS | 143,177,410 |
| TOTAL LIABILITIES | 144,679,041 |
| Regular Reserve | 0 |
| Other Reserves | -3,249,217 |
| Undivided Earnings | 21,013,244 |
| TOTAL EQUITY | 17,764,027 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 162,443,068 |
| INCOME & EXPENSE | |
| Loan Income | 5,331,592 |
| Investment Income | 688,946 |
| Other Income | 1,874,985 |
| Total Employee Compensation & Benefits | 3,415,718 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,973,567 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 593,086 |
| Cost of Funds | 1,457,675 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 451,867 |
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