Dec, 31, 2023 — ACADIANA MEDICAL FEDERAL CREDIT UNION is a federal credit union headquartered in LAFAYETTE, LA with 1 branch location and about $13.99 million in total assets. Opened 55 years ago in 1969, ACADIANA MEDICAL FEDERAL CREDIT UNION has about 1,536 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ACADIANA MEDICAL FEDERAL CREDIT UNION |
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Address: (Main Office) | 702 Saint Landry St LAFAYETTE, LA 70506 |
Phone: | (337) 289-2740 |
Fax: | (337) 289-4744 |
Website: | https://www.myamfcu.com |
Branches: | 1 branch locations |
Members: | 1,536 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 19249 |
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Membership Type: | Multiple common bond - Primarily health care |
Corporate Credit Union: | No |
Year Opened: | 1969 |
Last Audited: | Jan 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $13,988,219 |
CEO/Manager: | Pauline Miller |
Chairperson: | Linda Peters |
ASSETS: | $ Amount |
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Cash & Equivalents | 625,524 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 2,104,117 |
Unsecured Loans | 1,081,663 |
Other Loans | 3,574,629 |
TOTAL LOANS | 6,760,409 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -16,223 |
Land And Building | 342,168 |
Other Fixed Assets | 79,729 |
NCUSIF Deposit | 113,233 |
All Other Assets | 0 |
TOTAL ASSETS | 13,988,219 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 67,910 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,144,610 |
Regular shares | 9,874,311 |
All Other Shares & Deposits | 98,261 |
TOTAL SHARES & DEPOSITS | 11,117,183 |
TOTAL LIABILITIES | 11,185,093 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,803,126 |
TOTAL EQUITY | 2,803,126 |
TOTAL LIABILITIES, SHARES, & EQUITY | 13,988,219 |
INCOME & EXPENSE | |
Loan Income | 329,377 |
Investment Income | 200,246 |
Other Income | 88,820 |
Total Employee Compensation & Benefits | 184,680 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 253,429 |
Non-operating Income & (Expense) | 22,914 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -4,985 |
Cost of Funds | 14,358 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 230,252 |
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