Dec, 31, 2020 — SOUTH LOUISIANA HIGHWAY FEDERAL CREDIT UNION is a federal credit union headquartered in BRIDGE CITY, LA with 0 branch location and about $6.05 million in total assets. Opened 60 years ago in 1961, SOUTH LOUISIANA HIGHWAY FEDERAL CREDIT UNION has about 772 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: | SOUTH LOUISIANA HIGHWAY FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 1440 HIGHWAY 90 W BRIDGE CITY, LA 70094-3566 |
Phone: | (504) 437-3146 |
Fax: | (504) 437-3145 |
Website: | n/a |
Branches: | 0 branch locations |
Members: | 772 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 14421 |
---|---|
Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1961 |
Last Audited: | Aug 01, 2019 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $6,047,557 |
CEO/Manager: | Fred C Stentz |
Chairperson: | Scott Boyle |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 1,553,760 |
TOTAL INVESTMENTS | 2,706,903 |
Loans Held for Sale | 0 |
Real Estate Loans | 31,084 |
Unsecured Loans | 420,203 |
Other Loans | 1,445,026 |
TOTAL LOANS | 1,896,313 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -177,445 |
Land And Building | 17,976 |
Other Fixed Assets | 8,667 |
NCUSIF Deposit | 41,383 |
All Other Assets | 0 |
TOTAL ASSETS | 6,047,557 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 18,268 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 2,101,200 |
All Other Shares & Deposits | 2,206,151 |
TOTAL SHARES & DEPOSITS | 4,307,351 |
TOTAL LIABILITIES | 4,325,619 |
Regular Reserve | 214,000 |
Other Reserves | 190,000 |
Undivided Earnings | 1,317,938 |
TOTAL EQUITY | 1,721,938 |
TOTAL LIABILITIES, SHARES, & EQUITY | 6,047,557 |
INCOME & EXPENSE | |
Loan Income | 193,795 |
Investment Income | 63,286 |
Other Income | 20,545 |
Total Employee Compensation & Benefits | 110,619 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 55,789 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 22,600 |
Cost of Funds | 50,943 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 37,675 |
↑ Back to Top |