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LOUISIANA FEDERAL CREDIT UNION

Sep, 30, 2025 — LOUISIANA FEDERAL CREDIT UNION is a federal credit union headquartered in Laplace, LA with 5 branch locations and about $438.03 million in total assets. Opened 91 years ago in 1935, LOUISIANA FEDERAL CREDIT UNION has about 36,173 members and employs 112 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 265476411
Name:LOUISIANA FEDERAL CREDIT UNION
Address:
(Main Office)
805 Robin Street
Laplace, LA 70068
Phone:(985) 652-4990
Fax:(985) 651-8001
Website:https://www.louisianafcu.org
Branches:5 branch locations
Members:36,173
Credit Union Type:Federal Credit Union
Charter Number:174
Membership Type:Multiple common bond - Primarily petroleum refining
Corporate Credit Union:No
Year Opened:1935
Last Audited:Dec 01, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$438,028,613
CEO/Manager:Rhonda D Hotard
Chairperson:Greg Maurin

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 37,733,589
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 96,889,148
 Unsecured Loans 53,374,784
 Other Loans 156,592,354
 TOTAL LOANS 307,044,001
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,049,136
 Land And Building 7,145,469
 Other Fixed Assets 1,102,785
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 4,043,236
 All Other Assets 111,830
  TOTAL ASSETS 438,028,613
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 8,239,477
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 83,204,386
 Regular shares 199,400,496
 All Other Shares & Deposits 98,475,774
  TOTAL SHARES & DEPOSITS 381,080,656
  TOTAL LIABILITIES 389,320,133
 Regular Reserve 0
 Other Reserves 3,836,842
 Undivided Earnings 44,871,638
  TOTAL EQUITY 48,708,480
  TOTAL LIABILITIES, SHARES, & EQUITY 438,028,613
INCOME & EXPENSE  
 Loan Income 11,744,969
 Investment Income 829,852
 Other Income 4,492,463
 Total Employee Compensation & Benefits 6,538,507
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 6,983,212
 Non-operating Income & (Expense) 425
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,756,954
 Cost of Funds 966,647
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 4,666,884
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