Credit Unions Near Me
National Credit Union Service Organization

LOUVIERS FEDERAL CREDIT UNION

Dec, 31, 2021 — LOUVIERS FEDERAL CREDIT UNION is a federal credit union headquartered in NEWARK, DE with 4 branch locations and about $305.26 million in total assets. Opened 54 years ago in 1968, LOUVIERS FEDERAL CREDIT UNION has about 17,861 members and employs 28 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LOUVIERS FEDERAL CREDIT UNION
Address:
(Main Office)
185 S Main St
NEWARK, DE 19711
Phone:(302) 733-0426
Fax:(302) 731-2460
Website:http://www.louviers.com
Branches:4 branch locations
Members:17,861
Credit Union Type:Federal Credit Union
Charter Number:18765
Membership Type:Multiple common bond - Primarily chemical
Corporate Credit Union:No
Year Opened:1968
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$305,262,666
CEO/Manager:Christopher J Davis
Chairperson:Cheryl Chilcutt

Call Report

  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 29,250,139
TOTAL INVESTMENTS 213,512,728
Loans Held for Sale 0
 
 Real Estate Loans 41,082,955
 Unsecured Loans 4,582,111
 Other Loans 6,406,253
 TOTAL LOANS 52,071,319
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -245,520
 Land And Building 6,934,254
 Other Fixed Assets 375,694
 NCUSIF Deposit 2,395,695
 All Other Assets 968,357
  TOTAL ASSETS 305,262,666
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 910,225
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 46,073,430
 Regular shares 179,034,432
 All Other Shares & Deposits 46,660,320
  TOTAL SHARES & DEPOSITS 271,768,182
  TOTAL LIABILITIES 272,678,407
 Regular Reserve 3,978,665
 Other Reserves 4,937,507
 Undivided Earnings 23,668,087
  TOTAL EQUITY 32,584,259
  TOTAL LIABILITIES, SHARES, & EQUITY 305,262,666
INCOME & EXPENSE  
 Loan Income 2,084,170
 Investment Income 2,926,924
 Other Income 912,523
 Total Employee Compensation & Benefits 1,812,675
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,558,490
 Non-operating Income & (Expense) 9,576
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 11,700
 Cost of Funds 845,696
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 466,055
↑ Back to Top

Other Credit Unions

DELAWARE RIVER & BAY AUTH EMP FEDERAL CREDIT UNION
I295 & New Castle Ave
NEW CASTLE, DE 19720
STEPPING STONES COMMUNITY FEDERAL CREDIT UNION
603 N Church St
WILMINGTON, DE 19801
PRIORITY PLUS FEDERAL CREDIT UNION
6 LYNAM ST
WILMINGTON, DE 19804
WILMINGTON POLICE & FIRE FEDERAL CREDIT UNION
1701 Shallcross Ave
WILMINGTON, DE 19806
NEW CASTLE COUNTY DELAWARE EM FEDERAL CREDIT UNION
100 Churchmans Rd
NEW CASTLE, DE 19720
DELAWARE ALLIANCE FEDERAL CREDIT UNION
2320 N Dupont Hwy
NEW CASTLE, DE 19720-6327
PROVIDENT FEDERAL CREDIT UNION
401 S New St
DOVER, DE 19904
AMERICAN SPIRIT FEDERAL CREDIT UNION
1110 Elkton Rd
NEWARK, DE 19711
EDU FEDERAL CREDIT UNION
113 W 6th St
HISTORIC NEW CASTLE, DE 19720-5070
EAGLE ONE FEDERAL CREDIT UNION
3301 Philadelphia Pike
CLAYMONT, DE 19703