Sep, 30, 2025 — RIVER REGION FEDERAL CREDIT UNION is a federal credit union headquartered in LUTCHER, LA with 1 branch location and about $40.76 million in total assets. Opened 66 years ago in 1960, RIVER REGION FEDERAL CREDIT UNION has about 2,442 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | RIVER REGION FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1625 Lutcher Ave LUTCHER, LA 70071 |
| Phone: | (225) 869-9762 |
| Fax: | (225) 869-9763 |
| Website: | https://www.riverregionfcu.org |
| Branches: | 1 branch locations |
| Members: | 2,442 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13763 |
|---|---|
| Membership Type: | Multiple common bond - Primarily chemical |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $40,759,977 |
| CEO/Manager: | Gigi G Coneglio |
| Chairperson: | Lionel J Schexnayder Jr |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,802,613 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,770,365 |
| Unsecured Loans | 793,378 |
| Other Loans | 6,610,452 |
| TOTAL LOANS | 9,174,195 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -91,445 |
| Land And Building | 593,673 |
| Other Fixed Assets | 111,158 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 318,680 |
| All Other Assets | 0 |
| TOTAL ASSETS | 40,759,977 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 11,500 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,310,896 |
| Regular shares | 20,761,393 |
| All Other Shares & Deposits | 8,630,715 |
| TOTAL SHARES & DEPOSITS | 32,703,003 |
| TOTAL LIABILITIES | 32,714,503 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 8,045,474 |
| TOTAL EQUITY | 8,045,474 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 40,759,977 |
| INCOME & EXPENSE | |
| Loan Income | 384,968 |
| Investment Income | 920,129 |
| Other Income | 192,751 |
| Total Employee Compensation & Benefits | 426,851 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 487,478 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 40,559 |
| Cost of Funds | 266,309 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 285,936 |
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