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AVOYELLES PARISH SCH BRD EMP FEDERAL CREDIT UNION

Mar, 31, 2022 — AVOYELLES PARISH SCH BRD EMP FEDERAL CREDIT UNION is a federal credit union headquartered in MARKSVILLE, LA with 2 branch locations and about $2.48 million in total assets. Opened 56 years ago in 1966, AVOYELLES PARISH SCH BRD EMP FEDERAL CREDIT UNION has about 370 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:n/a
Branches:2 branch locations
Members:370
Credit Union Type:Federal Credit Union
Charter Number:17697
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1966
Last Audited:Aug 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$2,477,275
CEO/Manager:Peggy Marcotte
Chairperson:Carlos Mayeaux

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 437,951
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 199,698
 Other Loans 605,750
 TOTAL LOANS 805,448
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -30,099
 Land And Building 9,000
 Other Fixed Assets 17,274
 NCUSIF Deposit 17,313
 All Other Assets 0
  TOTAL ASSETS 2,477,275
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 46,651
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,878,488
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,878,488
  TOTAL LIABILITIES 1,925,139
 Regular Reserve 0
 Other Reserves 431,754
 Undivided Earnings 120,382
  TOTAL EQUITY 552,136
  TOTAL LIABILITIES, SHARES, & EQUITY 2,477,275
INCOME & EXPENSE  
 Loan Income 4,719
 Investment Income 894
 Other Income 672
 Total Employee Compensation & Benefits 4,654
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,984
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 463
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -2,686
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