Mar, 31, 2022 — DISTRICT 58 FEDERAL CREDIT UNION is a federal credit union headquartered in GILBERT, LA with 1 branch location and about $6.06 million in total assets. Opened 60 years ago in 1962, DISTRICT 58 FEDERAL CREDIT UNION has about 631 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 |
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Address: (Main Office) | 6217 Highway 15 GILBERT, LA 71336 |
Phone: | (318) 412-3146 |
Fax: | (318) 412-3145 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 631 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 15211 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1962 |
Last Audited: | Jun 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $6,057,413 |
CEO/Manager: | Kristie R Emfinger |
Chairperson: | Gary Panteria |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,666,675 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 421,519 |
Other Loans | 3,727,967 |
TOTAL LOANS | 4,149,486 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -22,005 |
Land And Building | 0 |
Other Fixed Assets | 937 |
NCUSIF Deposit | 48,097 |
All Other Assets | 0 |
TOTAL ASSETS | 6,057,413 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 14,448 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 3,215,358 |
All Other Shares & Deposits | 1,903,606 |
TOTAL SHARES & DEPOSITS | 5,118,964 |
TOTAL LIABILITIES | 5,133,412 |
Regular Reserve | 0 |
Other Reserves | 111,318 |
Undivided Earnings | 812,683 |
TOTAL EQUITY | 924,001 |
TOTAL LIABILITIES, SHARES, & EQUITY | 6,057,413 |
INCOME & EXPENSE | |
Loan Income | 47,588 |
Investment Income | 232 |
Other Income | 801 |
Total Employee Compensation & Benefits | 18,445 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 11,740 |
Non-operating Income & (Expense) | 31,253 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -4,988 |
Cost of Funds | 7,977 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 46,700 |
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