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DISTRICT 58 FEDERAL CREDIT UNION

Dec, 31, 2023 — DISTRICT 58 FEDERAL CREDIT UNION is a federal credit union headquartered in GILBERT, LA with 1 branch location and about $5.91 million in total assets. Opened 62 years ago in 1962, DISTRICT 58 FEDERAL CREDIT UNION has about 665 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)
6217 Highway 15
GILBERT, LA 71336
Phone:(318) 412-3146
Fax:(318) 412-3145
Website:n/a
Branches:1 branch locations
Members:665
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, 2023
FHLB Member:No
Low Income Designation:No
Assets:$5,910,319
CEO/Manager:Kristie R Emfinger
Chairperson:Gary Panteria

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 810,298
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 463,527
 Other Loans 4,383,130
 TOTAL LOANS 4,846,658
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -17,098
 Land And Building 937
 Other Fixed Assets 0
 NCUSIF Deposit 51,389
 All Other Assets 0
  TOTAL ASSETS 5,910,319
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 28,631
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 3,097,168
 All Other Shares & Deposits 1,857,354
  TOTAL SHARES & DEPOSITS 4,954,522
  TOTAL LIABILITIES 4,983,153
 Regular Reserve 0
 Other Reserves 111,318
 Undivided Earnings 815,848
  TOTAL EQUITY 927,166
  TOTAL LIABILITIES, SHARES, & EQUITY 5,910,319
INCOME & EXPENSE  
 Loan Income 211,880
 Investment Income 30,529
 Other Income 7,518
 Total Employee Compensation & Benefits 80,665
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 54,955
 Non-operating Income & (Expense) 4,090
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -15,111
 Cost of Funds 108,492
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 25,016
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