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National Credit Union Service Organization

S T S P FEDERAL CREDIT UNION

Dec, 31, 2023 — S T S P FEDERAL CREDIT UNION is a federal credit union headquartered in LACOMBE, LA with 1 branch location and about $910,854 in total assets. Opened 62 years ago in 1962, S T S P FEDERAL CREDIT UNION has about 350 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:350
Credit Union Type:Federal Credit Union
Charter Number:15089
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1962
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$910,854
CEO/Manager:Ronald Randolph
Chairperson:Simmie E Fairley

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 80,068
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 130,439
 Other Loans 324,429
 TOTAL LOANS 454,868
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,835
 Land And Building 134,715
 Other Fixed Assets 0
 NCUSIF Deposit 8,827
 All Other Assets 0
  TOTAL ASSETS 910,854
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 835,314
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 835,314
  TOTAL LIABILITIES 835,314
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 75,540
  TOTAL EQUITY 75,540
  TOTAL LIABILITIES, SHARES, & EQUITY 910,854
INCOME & EXPENSE  
 Loan Income 35,687
 Investment Income 8,940
 Other Income 1,250
 Total Employee Compensation & Benefits 3,230
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 24,465
 Non-operating Income & (Expense) 9
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,550
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 16,641
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