Credit Unions Near Me
National Credit Union Service Organization

LOUISIANA MACHINERY EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2020 — LOUISIANA MACHINERY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Monroe, LA with 1 branch location and about $4.95 million in total assets. Opened 60 years ago in 1961, LOUISIANA MACHINERY EMPLOYEES FEDERAL CREDIT UNION has about 732 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LOUISIANA MACHINERY EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
2414 Ferrand St Ste 4, Louisiana Ma
Monroe, LA 71201-3249
Phone:(318) 342-9722
Fax:(318) 343-1622
Website:n/a
Branches:1 branch locations
Members:732
Credit Union Type:Federal Credit Union
Charter Number:14376
Membership Type:Manufacturing - Machinery
Corporate Credit Union:No
Year Opened:1961
Last Audited:Oct 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$4,954,608
CEO/Manager:Donna F Greer
Chairperson:Robert Ellington

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 861,838
TOTAL INVESTMENTS 522,907
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 297,462
 Other Loans 3,239,275
 TOTAL LOANS 3,536,737
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -18,668
 Land And Building 0
 Other Fixed Assets 10
 NCUSIF Deposit 40,556
 All Other Assets 11,228
  TOTAL ASSETS 4,954,608
LIABILITIES & CAPITAL:  
 Dividends Payable 3,164
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 9,339
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,463,211
 All Other Shares & Deposits 1,583,026
  TOTAL SHARES & DEPOSITS 4,046,237
  TOTAL LIABILITIES 4,058,740
 Regular Reserve 139,664
 Other Reserves 0
 Undivided Earnings 756,204
  TOTAL EQUITY 895,868
  TOTAL LIABILITIES, SHARES, & EQUITY 4,954,608
INCOME & EXPENSE  
 Loan Income 190,826
 Investment Income 6,910
 Other Income 8,286
 Total Employee Compensation & Benefits 114,986
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 43,704
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 31,687
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 15,645
↑ Back to Top

Other Credit Unions

UNION FEDERAL CREDIT UNION
PO BOX 603
FARMERVILLE, LA 71241
RICHLAND PARISH SCHOOLS FEDERAL CREDIT UNION
411 Foster Street, RPSB Annex Build
RAYVILLE, LA 71269-5549
WEST MONROE FEDERAL CREDIT UNION
2305 North 7th Street
WEST MONROE, LA 71291
DISTRICT 05 DOTD FEDERAL CREDIT UNION
P.O. BOX 4068
MONROE, LA 71211
DISTRICT 58 FEDERAL CREDIT UNION
PO BOX 110
CHASE, LA 71324
PINEY HILLS FEDERAL CREDIT UNION
PO BOX 340
SIMSBORO, LA 71275
CONCORDIA PARISH SCHOOL EMP FEDERAL CREDIT UNION
P O BOX 1525
FERRIDAY, LA 71334
MONROE TELCO FEDERAL CREDIT UNION
P. O. Box 4867
MONROE, LA 71211-4867
FEDERAL EMPLOYEES CREDIT UNION
P.O. BOX 5006
MONROE, LA 71211