Dec, 31, 2023 — DISTRICT 08 FEDERAL CREDIT UNION is a federal credit union headquartered in ALEXANDRIA, LA with 1 branch location and about $10.14 million in total assets. Opened 63 years ago in 1961, DISTRICT 08 FEDERAL CREDIT UNION has about 1,667 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | DISTRICT 08 FEDERAL CREDIT UNION |
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Address: (Main Office) | 3300 S MacArthur Dr ALEXANDRIA, LA 71301 |
Phone: | (318) 484-9817 |
Fax: | (318) 445-9687 |
Website: | https://www.district08fcu.org |
Branches: | 1 branch locations |
Members: | 1,667 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 14651 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1961 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $10,138,136 |
CEO/Manager: | Jeanna Salas |
Chairperson: | Jesse Dyson |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,588,639 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,529,265 |
Unsecured Loans | 719,403 |
Other Loans | 5,140,613 |
TOTAL LOANS | 7,389,283 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -40,466 |
Land And Building | 0 |
Other Fixed Assets | 98,468 |
NCUSIF Deposit | 91,981 |
All Other Assets | 0 |
TOTAL ASSETS | 10,138,136 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 18,728 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,778,569 |
Regular shares | 5,097,866 |
All Other Shares & Deposits | 2,174,128 |
TOTAL SHARES & DEPOSITS | 9,050,564 |
TOTAL LIABILITIES | 9,069,292 |
Regular Reserve | 0 |
Other Reserves | 1,068,844 |
Undivided Earnings | 0 |
TOTAL EQUITY | 1,068,844 |
TOTAL LIABILITIES, SHARES, & EQUITY | 10,138,136 |
INCOME & EXPENSE | |
Loan Income | 441,301 |
Investment Income | 50,585 |
Other Income | 87,551 |
Total Employee Compensation & Benefits | 204,786 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 335,656 |
Non-operating Income & (Expense) | 7,462 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 24,231 |
Cost of Funds | 16,698 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 5,528 |
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