JEFF DAVIS TEACHERS FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Jun, 30, 2024 — JEFF DAVIS TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in JENNINGS, LA with 1 branch location and about $3.03 million in total assets. Opened 62 years ago in 1963, JEFF DAVIS TEACHERS FEDERAL CREDIT UNION has about 314 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | JEFF DAVIS TEACHERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | P. O. BOX 676 JENNINGS, LA 70546 |
| Phone: | (337) 824-6813 |
| Fax: | (337) 824-6813 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 314 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15437 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1963 |
| Last Audited: | Jun 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,034,958 |
| CEO/Manager: | Cynthia M Neal |
| Chairperson: | RAE W DAIGLE |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,291,053 |
| TOTAL INVESTMENTS | 1,267,028 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 146,201 |
| Other Loans | 316,410 |
| TOTAL LOANS | 462,611 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -16,897 |
| Land And Building | 0 |
| Other Fixed Assets | 23 |
| NCUSIF Deposit | 27,730 |
| All Other Assets | 3,410 |
| TOTAL ASSETS | 3,034,958 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 0 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,410,584 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 2,410,584 |
| TOTAL LIABILITIES | 2,410,584 |
| Regular Reserve | 48,452 |
| Other Reserves | 0 |
| Undivided Earnings | 575,922 |
| TOTAL EQUITY | 624,374 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,034,958 |
| INCOME & EXPENSE | |
| Loan Income | 16,838 |
| Investment Income | 10,537 |
| Other Income | 450 |
| Total Employee Compensation & Benefits | 67,190 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 24,121 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 4,172 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -58,310 |
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