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National Credit Union Service Organization

S T S P FEDERAL CREDIT UNION

Dec, 31, 2020 — S T S P FEDERAL CREDIT UNION is a federal credit union headquartered in Lacombe, LA with 1 branch location and about $695,764 in total assets. Opened 59 years ago in 1962, S T S P FEDERAL CREDIT UNION has about 370 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)
P.O. Box 592
Lacombe, LA 70445-0592
Phone:(985) 218-9505
Fax:(985) 218-9508
Website:n/a
Branches:1 branch locations
Members:370
Credit Union Type:Federal Credit Union
Charter Number:15089
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1962
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$695,764
CEO/Manager:Ronald Randolph
Chairperson:Simmie E Fairley

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 255,427
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 86,821
 Other Loans 202,184
 TOTAL LOANS 289,005
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -5,164
 Land And Building 150,112
 Other Fixed Assets 0
 NCUSIF Deposit 6,384
 All Other Assets 0
  TOTAL ASSETS 695,764
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 636,442
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 636,442
  TOTAL LIABILITIES 636,442
 Regular Reserve 23,848
 Other Reserves 0
 Undivided Earnings 35,474
  TOTAL EQUITY 59,322
  TOTAL LIABILITIES, SHARES, & EQUITY 695,764
INCOME & EXPENSE  
 Loan Income 38,342
 Investment Income 361
 Other Income 1,706
 Total Employee Compensation & Benefits 11,626
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 34,352
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 8,547
 Cost of Funds 1,492
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -15,608
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