Mar, 31, 2021 — PHI FEDERAL CREDIT UNION (PHI FCU) is a federal credit union headquartered in Lafayette, LA with 1 branch location and about $6.65 million in total assets. Opened 46 years ago in 1975, PHI FEDERAL CREDIT UNION (PHI FCU) has about 1,649 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: | 1,649 |
| 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: | $6,647,028 |
| CEO/Manager: | Sandra A Hall |
| Chairperson: | Kyle Boss |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,745,327 |
| TOTAL INVESTMENTS | 745,935 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 802,644 |
| Other Loans | 3,282,057 |
| TOTAL LOANS | 4,084,701 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -39,523 |
| Land And Building | 10,656 |
| Other Fixed Assets | 13,949 |
| NCUSIF Deposit | 63,035 |
| All Other Assets | 22,948 |
| TOTAL ASSETS | 6,647,028 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 26 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 29,029 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 425,215 |
| Regular shares | 5,566,024 |
| All Other Shares & Deposits | 68,573 |
| TOTAL SHARES & DEPOSITS | 6,059,812 |
| TOTAL LIABILITIES | 6,088,867 |
| Regular Reserve | 138,523 |
| Other Reserves | 0 |
| Undivided Earnings | 419,638 |
| TOTAL EQUITY | 558,161 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 6,647,028 |
| INCOME & EXPENSE | |
| Loan Income | 48,189 |
| Investment Income | 2,160 |
| Other Income | 3,608 |
| Total Employee Compensation & Benefits | 43,393 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 30,238 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 703 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -20,045 |
| ↑ Back to Top | |