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AVOYELLES PARISH SCH BRD EMP FEDERAL CREDIT UNION

Dec, 31, 2023 — AVOYELLES PARISH SCH BRD EMP FEDERAL CREDIT UNION is a federal credit union headquartered in MARKSVILLE, LA with 2 branch locations and about $1.86 million in total assets. Opened 58 years ago in 1966, AVOYELLES PARISH SCH BRD EMP FEDERAL CREDIT UNION has about 373 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)
348 Center St
MARKSVILLE, LA 71351
Phone:(318) 253-8920
Fax:(318) 253-8920
Website:https://www.itsme247.com/855
Branches:2 branch locations
Members:373
Credit Union Type:Federal Credit Union
Charter Number:17697
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1966
Last Audited:Jul 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$1,857,216
CEO/Manager:Peggy Marcotte
Chairperson:Carlos Mayeaux

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 119,526
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 199,520
 Other Loans 949,478
 TOTAL LOANS 1,148,998
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -18,900
 Land And Building 9,000
 Other Fixed Assets 3,781
 NCUSIF Deposit 16,848
 All Other Assets 0
  TOTAL ASSETS 1,857,216
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 36,734
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,361,249
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,361,249
  TOTAL LIABILITIES 1,397,983
 Regular Reserve 0
 Other Reserves 431,754
 Undivided Earnings 27,479
  TOTAL EQUITY 459,233
  TOTAL LIABILITIES, SHARES, & EQUITY 1,857,216
INCOME & EXPENSE  
 Loan Income 73,156
 Investment Income 16,276
 Other Income 6,723
 Total Employee Compensation & Benefits 56,829
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 76,620
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 10,806
 Cost of Funds 2,594
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -46,806
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