Sep, 30, 2025 — CENTRIC FEDERAL CREDIT UNION is a federal credit union headquartered in WEST MONROE, LA with 9 branch locations and about $416.71 million in total assets. Opened 89 years ago in 1937, CENTRIC FEDERAL CREDIT UNION has about 36,957 members and employs 124 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CENTRIC FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 213 Expo Cir WEST MONROE, LA 71292-9414 |
| Phone: | (318) 340-9656 |
| Fax: | (318) 323-1517 |
| Website: | https://www.mycentric.org |
| Branches: | 9 branch locations |
| Members: | 36,957 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1982 |
|---|---|
| Membership Type: | Multiple common bond - Primarily other manufacturing |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $416,713,072 |
| CEO/Manager: | Troyce R Parker |
| Chairperson: | Don Murphy, Jr. |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 45,645,744 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 120,498,962 |
| Unsecured Loans | 15,903,855 |
| Other Loans | 186,414,044 |
| TOTAL LOANS | 322,816,861 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -5,016,338 |
| Land And Building | 15,438,843 |
| Other Fixed Assets | 3,375,018 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 3,059,530 |
| All Other Assets | 705,937 |
| TOTAL ASSETS | 416,713,072 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 1,276,811 |
| Accounts Payable & Other Liabilities | 5,496,471 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 4,900,000 |
| Share Drafts | 60,447,417 |
| Regular shares | 115,265,923 |
| All Other Shares & Deposits | 182,351,989 |
| TOTAL SHARES & DEPOSITS | 358,065,329 |
| TOTAL LIABILITIES | 369,738,611 |
| Regular Reserve | 0 |
| Other Reserves | 2,190,272 |
| Undivided Earnings | 44,784,189 |
| TOTAL EQUITY | 46,974,461 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 416,713,072 |
| INCOME & EXPENSE | |
| Loan Income | 16,436,252 |
| Investment Income | 1,809,285 |
| Other Income | 5,487,565 |
| Total Employee Compensation & Benefits | 7,478,522 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 9,409,659 |
| Non-operating Income & (Expense) | 790,367 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,437,831 |
| Cost of Funds | 7,334,378 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,208,862 |
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