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S T S P FEDERAL CREDIT UNION

Dec, 31, 2022 — S T S P FEDERAL CREDIT UNION is a federal credit union headquartered in LACOMBE, LA with 1 branch location and about $964,917 in total assets. Opened 61 years ago in 1962, S T S P FEDERAL CREDIT UNION has about 341 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:S T S P FEDERAL CREDIT UNION
Address:
(Main Office)
27234 Highway 190
LACOMBE, LA 70445
Phone:(985) 218-9505
Fax:(985) 218-9508
Website:n/a
Branches:1 branch locations
Members:341
Credit Union Type:Federal Credit Union
Charter Number:15089
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1962
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$964,917
CEO/Manager:Ronald Randolph
Chairperson:Simmie E Fairley

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 511,930
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 107,636
 Other Loans 195,958
 TOTAL LOANS 303,594
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,835
 Land And Building 140,956
 Other Fixed Assets 0
 NCUSIF Deposit 10,272
 All Other Assets 0
  TOTAL ASSETS 964,917
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 915,846
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 915,846
  TOTAL LIABILITIES 915,846
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 49,071
  TOTAL EQUITY 49,071
  TOTAL LIABILITIES, SHARES, & EQUITY 964,917
INCOME & EXPENSE  
 Loan Income 21,449
 Investment Income 1,132
 Other Income 2,127
 Total Employee Compensation & Benefits 8,720
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 22,333
 Non-operating Income & (Expense) 3,600
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -3,229
 Cost of Funds 183
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 301
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