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National Credit Union Service Organization

DISTRICT 08 FEDERAL CREDIT UNION

Mar, 31, 2022 — DISTRICT 08 FEDERAL CREDIT UNION is a federal credit union headquartered in ALEXANDRIA, LA with 1 branch location and about $10.36 million in total assets. Opened 61 years ago in 1961, DISTRICT 08 FEDERAL CREDIT UNION has about 1,624 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:DISTRICT 08 FEDERAL CREDIT UNION
Address:
(Main Office)
3300 S MacArthur Dr
ALEXANDRIA, LA 71301
Phone:(318) 484-9817
Fax:(318) 445-9687
Website:http://www.district08fcu.org
Branches:1 branch locations
Members:1,624
Credit Union Type:Federal Credit Union
Charter Number:14651
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1961
Last Audited:Mar 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$10,364,606
CEO/Manager:Jeanna Salas
Chairperson:Jesse Dyson

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,896,511
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,215,414
 Unsecured Loans 614,071
 Other Loans 4,121,711
 TOTAL LOANS 5,951,196
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,079
 Land And Building 0
 Other Fixed Assets 13,871
 NCUSIF Deposit 82,331
 All Other Assets 0
  TOTAL ASSETS 10,364,606
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 33,922
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,836,267
 Regular shares 7,192,714
 All Other Shares & Deposits 347,893
  TOTAL SHARES & DEPOSITS 9,376,874
  TOTAL LIABILITIES 9,410,796
 Regular Reserve 0
 Other Reserves 364,294
 Undivided Earnings 589,516
  TOTAL EQUITY 953,810
  TOTAL LIABILITIES, SHARES, & EQUITY 10,364,606
INCOME & EXPENSE  
 Loan Income 82,270
 Investment Income 1,721
 Other Income 17,483
 Total Employee Compensation & Benefits 37,787
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 48,774
 Non-operating Income & (Expense) 1,424
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 904
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 34,912
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