Dec, 31, 2020 — LA CAPITOL FEDERAL CREDIT UNION is a federal credit union headquartered in BATON ROUGE, LA with 16 branch locations and about $609.56 million in total assets. Opened 60 years ago in 1961, LA CAPITOL FEDERAL CREDIT UNION has about 50,772 members and employs 167 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LA CAPITOL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | P.O. BOX 3398 BATON ROUGE, LA 70821-3398 |
| Phone: | (225) 342-5055 |
| Fax: | (225) 342-9135 |
| Website: | http://www.lacapfcu.org |
| Branches: | 16 branch locations |
| Members: | 50,772 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 14568 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Dec 01, 2019 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $609,564,070 |
| CEO/Manager: | Michael E Hooper |
| Chairperson: | Bonita B Brown |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 31,502,997 |
| TOTAL INVESTMENTS | 53,349,264 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 174,808,382 |
| Unsecured Loans | 47,378,772 |
| Other Loans | 234,575,714 |
| TOTAL LOANS | 456,762,868 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,900,330 |
| Land And Building | 18,124,707 |
| Other Fixed Assets | 4,134,590 |
| NCUSIF Deposit | 4,875,107 |
| All Other Assets | 42,714,867 |
| TOTAL ASSETS | 609,564,070 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 219 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,048,862 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 147,773,561 |
| Regular shares | 309,262,777 |
| All Other Shares & Deposits | 90,221,172 |
| TOTAL SHARES & DEPOSITS | 547,257,510 |
| TOTAL LIABILITIES | 550,306,591 |
| Regular Reserve | 28,700,000 |
| Other Reserves | 12,337,142 |
| Undivided Earnings | 18,220,337 |
| TOTAL EQUITY | 59,257,479 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 609,564,070 |
| INCOME & EXPENSE | |
| Loan Income | 18,185,971 |
| Investment Income | 1,550,167 |
| Other Income | 9,603,033 |
| Total Employee Compensation & Benefits | 15,146,943 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 11,985,313 |
| Non-operating Income & (Expense) | 3,484,887 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 815,000 |
| Cost of Funds | 2,502,988 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,373,814 |
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