Jun, 30, 2024 — BATON ROUGE TELCO FEDERAL CREDIT UNION is a federal credit union headquartered in BATON ROUGE, LA with 4 branch locations and about $406.14 million in total assets. Opened 89 years ago in 1936, BATON ROUGE TELCO FEDERAL CREDIT UNION has about 32,440 members and employs 78 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BATON ROUGE TELCO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 13404 Airline Hwy BATON ROUGE, LA 70817-5917 |
| Phone: | (225) 924-8900 |
| Fax: | (225) 756-8553 |
| Website: | https://www.brtelco.org |
| Branches: | 4 branch locations |
| Members: | 32,440 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1726 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $406,137,497 |
| CEO/Manager: | Darryl K Long |
| Chairperson: | Andy Eames |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 14,029,801 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 75,334,275 |
| Unsecured Loans | 30,401,853 |
| Other Loans | 251,804,305 |
| TOTAL LOANS | 357,540,433 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -524,439 |
| Land And Building | 7,842,919 |
| Other Fixed Assets | 817,433 |
| NCUSIF Deposit | 3,135,405 |
| All Other Assets | 263,316 |
| TOTAL ASSETS | 406,137,497 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,520,287 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 40,285,567 |
| Regular shares | 105,104,186 |
| All Other Shares & Deposits | 210,633,340 |
| TOTAL SHARES & DEPOSITS | 356,023,093 |
| TOTAL LIABILITIES | 358,543,380 |
| Regular Reserve | 0 |
| Other Reserves | -335,223 |
| Undivided Earnings | 47,929,340 |
| TOTAL EQUITY | 47,594,117 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 406,137,497 |
| INCOME & EXPENSE | |
| Loan Income | 10,232,061 |
| Investment Income | 710,171 |
| Other Income | 2,243,530 |
| Total Employee Compensation & Benefits | 5,051,668 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,680,770 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 48,756 |
| Cost of Funds | 2,694,323 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,668,333 |
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