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 |
| 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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