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National Credit Union Service Organization

DISTRICT 58 FEDERAL CREDIT UNION

Jun, 30, 2021 — DISTRICT 58 FEDERAL CREDIT UNION is a federal credit union headquartered in CHASE, LA with 1 branch location and about $5.64 million in total assets. Opened 59 years ago in 1962, DISTRICT 58 FEDERAL CREDIT UNION has about 617 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:DISTRICT 58 FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 110
CHASE, LA 71324
Phone:(318) 412-3146
Fax:(318) 412-3145
Website:n/a
Branches:1 branch locations
Members:617
Credit Union Type:Federal Credit Union
Charter Number:15211
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1962
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$5,638,594
CEO/Manager:Kristie R Emfinger
Chairperson:Gary Panteria

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 787,726
TOTAL INVESTMENTS 301,048
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 409,270
 Other Loans 4,091,142
 TOTAL LOANS 4,500,412
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -21,437
 Land And Building 0
 Other Fixed Assets 1,950
 NCUSIF Deposit 48,097
 All Other Assets 20,798
  TOTAL ASSETS 5,638,594
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 10,708
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,796,168
 All Other Shares & Deposits 1,953,985
  TOTAL SHARES & DEPOSITS 4,750,153
  TOTAL LIABILITIES 4,760,861
 Regular Reserve 111,318
 Other Reserves 0
 Undivided Earnings 766,415
  TOTAL EQUITY 877,733
  TOTAL LIABILITIES, SHARES, & EQUITY 5,638,594
INCOME & EXPENSE  
 Loan Income 114,664
 Investment Income 2,594
 Other Income 9,782
 Total Employee Compensation & Benefits 35,233
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 22,527
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 26,399
 Cost of Funds 17,448
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 25,433
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