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DISTRICT 58 FEDERAL CREDIT UNION

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
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
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

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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