Sep, 30, 2025 — SOUTHERN TEACHERS & PARENTS FEDERAL CREDIT UNION is a federal credit union headquartered in BATON ROUGE, LA with 2 branch locations and about $29.09 million in total assets. Opened 89 years ago in 1937, SOUTHERN TEACHERS & PARENTS FEDERAL CREDIT UNION has about 3,845 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SOUTHERN TEACHERS & PARENTS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 728 Harding Blvd BATON ROUGE, LA 70807 |
| Phone: | (225) 775-8597 |
| Fax: | (225) 775-8614 |
| Website: | https://www.stpfcu.com |
| Branches: | 2 branch locations |
| Members: | 3,845 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 2068 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $29,093,772 |
| CEO/Manager: | Jama R Haynes |
| Chairperson: | David T Hall |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,963,689 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,055,714 |
| Unsecured Loans | 2,085,895 |
| Other Loans | 10,371,509 |
| TOTAL LOANS | 14,513,118 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -132,339 |
| Land And Building | 623,895 |
| Other Fixed Assets | 132,198 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 253,656 |
| All Other Assets | 0 |
| TOTAL ASSETS | 29,093,772 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 61,655 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 153,528 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,868,609 |
| Regular shares | 18,788,724 |
| All Other Shares & Deposits | 4,623,888 |
| TOTAL SHARES & DEPOSITS | 26,281,221 |
| TOTAL LIABILITIES | 26,496,404 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,597,368 |
| TOTAL EQUITY | 2,597,368 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 29,093,772 |
| INCOME & EXPENSE | |
| Loan Income | 731,945 |
| Investment Income | 287,932 |
| Other Income | 251,719 |
| Total Employee Compensation & Benefits | 520,278 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 797,083 |
| Non-operating Income & (Expense) | 329,330 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 36,860 |
| Cost of Funds | 167,364 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 211,431 |
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