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AVOYELLES PARISH SCH BRD EMP FEDERAL CREDIT UNION

Jun, 30, 2021 — AVOYELLES PARISH SCH BRD EMP FEDERAL CREDIT UNION is a federal credit union headquartered in Marksville, LA with 2 branch locations and about $2.57 million in total assets. Opened 55 years ago in 1966, AVOYELLES PARISH SCH BRD EMP FEDERAL CREDIT UNION has about 398 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:AVOYELLES PARISH SCH BRD EMP FEDERAL CREDIT UNION
Address:
(Main Office)
P.O. Box 508
Marksville, LA 71351
Phone:(318) 253-8920
Fax:(318) 253-8920
Website:n/a
Branches:2 branch locations
Members:398
Credit Union Type:Federal Credit Union
Charter Number:17697
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1966
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$2,572,295
CEO/Manager:Peggy Marcotte
Chairperson:Carlos Mayeaux

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 779,164
TOTAL INVESTMENTS 963,177
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 186,596
 Other Loans 616,731
 TOTAL LOANS 803,327
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -30,264
 Land And Building 9,000
 Other Fixed Assets 19,819
 NCUSIF Deposit 17,313
 All Other Assets 10,759
  TOTAL ASSETS 2,572,295
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 9,114
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,001,209
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,001,209
  TOTAL LIABILITIES 2,010,323
 Regular Reserve 431,754
 Other Reserves 0
 Undivided Earnings 130,218
  TOTAL EQUITY 561,972
  TOTAL LIABILITIES, SHARES, & EQUITY 2,572,295
INCOME & EXPENSE  
 Loan Income 30,150
 Investment Income 9,573
 Other Income 2,561
 Total Employee Compensation & Benefits 27,871
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 24,745
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,409
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -242
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