Mar, 31, 2021 — DISTRICT 58 FEDERAL CREDIT UNION is a federal credit union headquartered in CHASE, LA with 1 branch location and about $5.62 million in total assets. Opened 59 years ago in 1962, DISTRICT 58 FEDERAL CREDIT UNION has about 606 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: | 606 |
| 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: | $5,623,451 |
| CEO/Manager: | Kristie R Emfinger |
| Chairperson: | Gary Panteria |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,091,678 |
| TOTAL INVESTMENTS | 461,048 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 367,486 |
| Other Loans | 3,652,675 |
| TOTAL LOANS | 4,020,161 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -18,743 |
| Land And Building | 0 |
| Other Fixed Assets | 2,240 |
| NCUSIF Deposit | 46,476 |
| All Other Assets | 20,591 |
| TOTAL ASSETS | 5,623,451 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 13,485 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,823,637 |
| All Other Shares & Deposits | 1,906,548 |
| TOTAL SHARES & DEPOSITS | 4,730,185 |
| TOTAL LIABILITIES | 4,743,670 |
| Regular Reserve | 111,318 |
| Other Reserves | 0 |
| Undivided Earnings | 768,463 |
| TOTAL EQUITY | 879,781 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,623,451 |
| INCOME & EXPENSE | |
| Loan Income | 56,852 |
| Investment Income | 1,919 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 17,550 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 9,891 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -5,067 |
| Cost of Funds | 9,753 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 27,484 |
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