Dec, 31, 2020 — 3RD DISTRICT HIGHWAY FEDERAL CREDIT UNION is a federal credit union headquartered in LAFAYETTE, LA with 1 branch location and about $16.58 million in total assets. Opened 60 years ago in 1961, 3RD DISTRICT HIGHWAY FEDERAL CREDIT UNION has about 1,310 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | 3RD DISTRICT HIGHWAY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | POST OFFICE BOX 3648 LAFAYETTE, LA 70502-3648 |
| Phone: | (337) 262-6145 |
| Fax: | (337) 262-6144 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 1,310 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 14226 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Mar 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $16,581,769 |
| CEO/Manager: | Cynthia D Rushing |
| Chairperson: | Jerry P Begnaud |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,625,181 |
| TOTAL INVESTMENTS | 10,718,347 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 59,903 |
| Unsecured Loans | 670,672 |
| Other Loans | 3,471,558 |
| TOTAL LOANS | 4,202,133 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -108,454 |
| Land And Building | 1,629 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 128,693 |
| All Other Assets | 14,240 |
| TOTAL ASSETS | 16,581,769 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 63,968 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 14,501,976 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 14,501,976 |
| TOTAL LIABILITIES | 14,565,944 |
| Regular Reserve | 225,000 |
| Other Reserves | 0 |
| Undivided Earnings | 1,790,825 |
| TOTAL EQUITY | 2,015,825 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 16,581,769 |
| INCOME & EXPENSE | |
| Loan Income | 239,418 |
| Investment Income | 236,422 |
| Other Income | 4,242 |
| Total Employee Compensation & Benefits | 215,666 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 148,197 |
| Non-operating Income & (Expense) | 50,634 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 16,345 |
| Cost of Funds | 116,514 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 33,994 |
| ↑ Back to Top | |