Sep, 30, 2025 — MONROE TELCO FEDERAL CREDIT UNION is a federal credit union headquartered in WEST MONROE, LA with 2 branch locations and about $53.24 million in total assets. Opened 90 years ago in 1936, MONROE TELCO FEDERAL CREDIT UNION has about 3,619 members and employs 16 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MONROE TELCO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4705 Cypress St WEST MONROE, LA 71291-7511 |
| Phone: | (318) 397-4243 |
| Fax: | (318) 397-4271 |
| Website: | https://www.sevenfoldfcu.org |
| Branches: | 2 branch locations |
| Members: | 3,619 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1725 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $53,237,261 |
| CEO/Manager: | Crystal G White |
| Chairperson: | Walter Huffman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,500,301 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,483,943 |
| Unsecured Loans | 2,452,328 |
| Other Loans | 19,555,687 |
| TOTAL LOANS | 23,491,958 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -83,987 |
| Land And Building | 952,474 |
| Other Fixed Assets | 194,018 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 398,252 |
| All Other Assets | 56,338 |
| TOTAL ASSETS | 53,237,261 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 345,492 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 10,073,013 |
| Regular shares | 24,129,345 |
| All Other Shares & Deposits | 11,819,034 |
| TOTAL SHARES & DEPOSITS | 46,021,392 |
| TOTAL LIABILITIES | 46,366,884 |
| Regular Reserve | 0 |
| Other Reserves | 754,334 |
| Undivided Earnings | 6,116,043 |
| TOTAL EQUITY | 6,870,377 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 53,237,261 |
| INCOME & EXPENSE | |
| Loan Income | 1,168,469 |
| Investment Income | 823,635 |
| Other Income | 260,429 |
| Total Employee Compensation & Benefits | 783,705 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,029,966 |
| Non-operating Income & (Expense) | -7,759 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 86,455 |
| Cost of Funds | 366,416 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 324,398 |
| ↑ Back to Top | |