Jun, 30, 2021 — PHI FEDERAL CREDIT UNION (PHI FCU) is a federal credit union headquartered in Lafayette, LA with 1 branch location and about $6.81 million in total assets. Opened 46 years ago in 1975, PHI FEDERAL CREDIT UNION (PHI FCU) has about 1,537 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PHI FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | P O Box 82405 Lafayette, LA 70598-2405 |
| Phone: | (337) 233-2274 |
| Fax: | (337) 232-0026 |
| Website: | http://www.phifcu.com |
| Branches: | 1 branch locations |
| Members: | 1,537 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 21879 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation equipment |
| Corporate Credit Union: | No |
| Year Opened: | 1975 |
| Last Audited: | Sep 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $6,807,542 |
| CEO/Manager: | Sandra A Hall |
| Chairperson: | Kyle Boss |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,533,212 |
| TOTAL INVESTMENTS | 497,935 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 745,656 |
| Other Loans | 2,962,726 |
| TOTAL LOANS | 3,708,382 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -42,930 |
| Land And Building | 9,778 |
| Other Fixed Assets | 12,307 |
| NCUSIF Deposit | 59,228 |
| All Other Assets | 29,630 |
| TOTAL ASSETS | 6,807,542 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 33 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 31,682 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 388,100 |
| Regular shares | 5,776,455 |
| All Other Shares & Deposits | 68,596 |
| TOTAL SHARES & DEPOSITS | 6,233,151 |
| TOTAL LIABILITIES | 6,264,866 |
| Regular Reserve | 138,523 |
| Other Reserves | 0 |
| Undivided Earnings | 404,153 |
| TOTAL EQUITY | 542,676 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 6,807,542 |
| INCOME & EXPENSE | |
| Loan Income | 93,634 |
| Investment Income | 3,480 |
| Other Income | 6,181 |
| Total Employee Compensation & Benefits | 86,681 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 58,906 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,406 |
| Cost of Funds | 1,439 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -35,530 |
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