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 |
| 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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