Jun, 30, 2024 — DISTRICT 08 FEDERAL CREDIT UNION is a federal credit union headquartered in ALEXANDRIA, LA with 1 branch location and about $10.22 million in total assets. Opened 64 years ago in 1961, DISTRICT 08 FEDERAL CREDIT UNION has about 1,640 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 |
|---|---|
| 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: | 1,640 |
| 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: | $10,219,310 |
| CEO/Manager: | Jeanna Salas |
| Chairperson: | Jesse Dyson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,705,213 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,579,808 |
| Unsecured Loans | 693,556 |
| Other Loans | 4,493,083 |
| TOTAL LOANS | 6,766,447 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,708 |
| Land And Building | 0 |
| Other Fixed Assets | 12,525 |
| NCUSIF Deposit | 93,860 |
| All Other Assets | 0 |
| TOTAL ASSETS | 10,219,310 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 24,461 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,868,620 |
| Regular shares | 6,922,055 |
| All Other Shares & Deposits | 390,028 |
| TOTAL SHARES & DEPOSITS | 9,180,703 |
| TOTAL LIABILITIES | 9,205,164 |
| Regular Reserve | 0 |
| Other Reserves | 364,294 |
| Undivided Earnings | 649,852 |
| TOTAL EQUITY | 1,014,146 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 10,219,310 |
| INCOME & EXPENSE | |
| Loan Income | 272,714 |
| Investment Income | 10,023 |
| Other Income | 59,291 |
| Total Employee Compensation & Benefits | 126,508 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 157,145 |
| Non-operating Income & (Expense) | 12,530 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 2,738 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 95,269 |
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