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LOUISIANA BAPTIST FEDERAL CREDIT UNION

Sep, 30, 2025 — LOUISIANA BAPTIST FEDERAL CREDIT UNION is a federal credit union headquartered in ALEXANDRIA, LA with 1 branch location and about $5.94 million in total assets. Opened 51 years ago in 1975, LOUISIANA BAPTIST FEDERAL CREDIT UNION has about 795 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LOUISIANA BAPTIST FEDERAL CREDIT UNION
Address:
(Main Office)
1250 macarthur dr
ALEXANDRIA, LA 71303-3124
Phone:(318) 449-4357
Fax:(318) 449-4256
Website:https://www.labaptistfcu.com
Branches:1 branch locations
Members:795
Credit Union Type:Federal Credit Union
Charter Number:21968
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1975
Last Audited:Jul 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$5,941,790
CEO/Manager:Paul M Funderburk
Chairperson:Ferran Bertrand

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,677,236
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 486,595
 Other Loans 3,699,195
 TOTAL LOANS 4,185,790
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -4,719
 Land And Building 0
 Other Fixed Assets 2,404
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 56,219
 All Other Assets 0
  TOTAL ASSETS 5,941,790
LIABILITIES & CAPITAL:  
 Dividends Payable 49,887
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,993
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,008,907
 Regular shares 2,720,250
 All Other Shares & Deposits 1,316,094
  TOTAL SHARES & DEPOSITS 5,045,252
  TOTAL LIABILITIES 5,099,132
 Regular Reserve 0
 Other Reserves 231,537
 Undivided Earnings 611,121
  TOTAL EQUITY 842,658
  TOTAL LIABILITIES, SHARES, & EQUITY 5,941,790
INCOME & EXPENSE  
 Loan Income 194,883
 Investment Income 24,186
 Other Income 17,498
 Total Employee Compensation & Benefits 89,348
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 66,002
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,524
 Cost of Funds 39,343
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 40,350
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