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AVOYELLES PARISH SCH BRD EMP FEDERAL CREDIT UNION

Sep, 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 $2.63 million in total assets. Opened 56 years ago in 1966, AVOYELLES PARISH SCH BRD EMP FEDERAL CREDIT UNION has about 399 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:399
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:$2,631,888
CEO/Manager:Peggy Marcotte
Chairperson:Carlos Mayeaux

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 807,233
TOTAL INVESTMENTS 963,177
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 185,359
 Other Loans 650,013
 TOTAL LOANS 835,372
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -30,264
 Land And Building 9,000
 Other Fixed Assets 21,130
 NCUSIF Deposit 17,313
 All Other Assets 8,927
  TOTAL ASSETS 2,631,888
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 47,931
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,012,081
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,012,081
  TOTAL LIABILITIES 2,060,012
 Regular Reserve 431,754
 Other Reserves 0
 Undivided Earnings 140,122
  TOTAL EQUITY 571,876
  TOTAL LIABILITIES, SHARES, & EQUITY 2,631,888
INCOME & EXPENSE  
 Loan Income 45,132
 Investment Income 13,470
 Other Income 3,624
 Total Employee Compensation & Benefits 41,758
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 36,580
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 2,167
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 9,532
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