Credit Unions Near Me
National Credit Union Service Organization

CENTRIC FEDERAL CREDIT UNION

Dec, 31, 2020 — CENTRIC FEDERAL CREDIT UNION is a federal credit union headquartered in West Monroe, LA with 6 branch locations and about $251.15 million in total assets. Opened 84 years ago in 1937, CENTRIC FEDERAL CREDIT UNION has about 30,048 members and employs 96 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 111193550
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:http://www.mycentric.org
Branches:6 branch locations
Members:30,048
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, 2019
FHLB Member:Yes
Low Income Designation:No
Assets:$251,148,784
CEO/Manager:Christopher L Craighead
Chairperson:Joseph R Phillips

Call Report

  • Commercial Loans
  • Credit Builder
  • Indirect Consumer Loans
  • Micro Business Loans
  • Micro Consumer Loans
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • First Time Homebuyer Program
  • Individual Development Accounts
  • Insurance/Investment Sales
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 46,578,963
TOTAL INVESTMENTS 1,731,456
Loans Held for Sale 0
 
 Real Estate Loans 57,352,894
 Unsecured Loans 15,393,289
 Other Loans 112,615,920
 TOTAL LOANS 185,362,103
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -3,496,052
 Land And Building 8,785,094
 Other Fixed Assets 1,212,915
 NCUSIF Deposit 2,072,693
 All Other Assets 8,901,612
  TOTAL ASSETS 251,148,784
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 3,983,712
 Accounts Payable & Other Liabilities 3,364,568
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 48,220,980
 Regular shares 93,387,370
 All Other Shares & Deposits 78,363,673
  TOTAL SHARES & DEPOSITS 219,972,023
  TOTAL LIABILITIES 227,320,303
 Regular Reserve 1,855,896
 Other Reserves 1,375,090
 Undivided Earnings 20,597,495
  TOTAL EQUITY 23,828,481
  TOTAL LIABILITIES, SHARES, & EQUITY 251,148,784
INCOME & EXPENSE  
 Loan Income 11,812,940
 Investment Income 175,967
 Other Income 8,993,274
 Total Employee Compensation & Benefits 6,333,057
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 6,698,860
 Non-operating Income & (Expense) 336,525
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,944,530
 Cost of Funds 2,242,769
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,099,490
↑ Back to Top

Other Credit Unions

UNION FEDERAL CREDIT UNION
PO BOX 603
FARMERVILLE, LA 71241
RICHLAND PARISH SCHOOLS FEDERAL CREDIT UNION
411 Foster Street, RPSB Annex Build
RAYVILLE, LA 71269-5549
LOUISIANA MACHINERY EMPLOYEES FEDERAL CREDIT UNION
2414 Ferrand St Ste 4, Louisiana Ma
MONROE, LA 71201-3249
WEST MONROE FEDERAL CREDIT UNION
2305 North 7th Street
WEST MONROE, LA 71291
DISTRICT 05 DOTD FEDERAL CREDIT UNION
P.O. BOX 4068
MONROE, LA 71211
DISTRICT 58 FEDERAL CREDIT UNION
PO BOX 110
CHASE, LA 71324
PINEY HILLS FEDERAL CREDIT UNION
PO BOX 340
SIMSBORO, LA 71275
CONCORDIA PARISH SCHOOL EMP FEDERAL CREDIT UNION
P O BOX 1525
FERRIDAY, LA 71334
MONROE TELCO FEDERAL CREDIT UNION
P. O. Box 4867
MONROE, LA 71211-4867