Dec, 31, 2021 — S T S P FEDERAL CREDIT UNION is a federal credit union headquartered in LACOMBE, LA with 1 branch location and about $1.08 million in total assets. Opened 60 years ago in 1962, S T S P FEDERAL CREDIT UNION has about 360 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: | 360 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15089 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1962 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,075,940 |
| CEO/Manager: | Ronald Randolph |
| Chairperson: | Simmie E Fairley |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 647,356 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 282,833 |
| Other Loans | 0 |
| TOTAL LOANS | 282,833 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -5,313 |
| Land And Building | 144,700 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 6,364 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,075,940 |
| 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 | 1,027,170 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 1,027,170 |
| TOTAL LIABILITIES | 1,027,170 |
| Regular Reserve | 23,848 |
| Other Reserves | 0 |
| Undivided Earnings | 24,922 |
| TOTAL EQUITY | 48,770 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,075,940 |
| INCOME & EXPENSE | |
| Loan Income | 29,057 |
| Investment Income | 476 |
| Other Income | 1,350 |
| Total Employee Compensation & Benefits | 11,626 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 27,914 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 1,895 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -10,552 |
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