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SABINE SCHOOL EMPLOYEES FEDERAL CREDIT UNION

Sep, 30, 2025 — SABINE SCHOOL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in MANY, LA with 1 branch location and about $5.05 million in total assets. Opened 52 years ago in 1974, SABINE SCHOOL EMPLOYEES FEDERAL CREDIT UNION has about 625 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SABINE SCHOOL EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
695 PETERSON ST
MANY, LA 71449
Phone:(318) 256-0191
Fax:(318) 256-5744
Website:n/a
Branches:1 branch locations
Members:625
Credit Union Type:Federal Credit Union
Charter Number:21615
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1974
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$5,047,785
CEO/Manager:SHELLY T WIGGINS
Chairperson:

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,495,973
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,024,842
 Other Loans 1,453,177
 TOTAL LOANS 2,478,019
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -9,990
 Land And Building 7,400
 Other Fixed Assets 4,615
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 39,397
 All Other Assets 0
  TOTAL ASSETS 5,047,785
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,445
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,044,926
 All Other Shares & Deposits 1,935,117
  TOTAL SHARES & DEPOSITS 3,980,043
  TOTAL LIABILITIES 3,983,488
 Regular Reserve 0
 Other Reserves 10,994
 Undivided Earnings 1,053,303
  TOTAL EQUITY 1,064,297
  TOTAL LIABILITIES, SHARES, & EQUITY 5,047,785
INCOME & EXPENSE  
 Loan Income 144,615
 Investment Income 80,406
 Other Income 25
 Total Employee Compensation & Benefits 55,732
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 39,513
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 11,668
 Cost of Funds 101,258
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 17,032
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