Dec, 31, 2023 — U B C SOUTHERN COUNCIL INDUSTRIA WO FEDERAL CREDIT UNION is a federal credit union headquartered in MINDEN, LA with 0 branch location and about $776,563 in total assets. Opened 49 years ago in 1975, U B C SOUTHERN COUNCIL INDUSTRIA WO FEDERAL CREDIT UNION has about 379 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | U B C SOUTHERN COUNCIL INDUSTRIA WO FEDERAL CREDIT UNION |
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Address: (Main Office) | 111 S Monroe St Rm 207 MINDEN, LA 71055 |
Phone: | (318) 377-5802 |
Fax: | (318) 377-5892 |
Website: | n/a |
Branches: | 0 branch locations |
Members: | 379 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 22219 |
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Membership Type: | Multiple common bond - Primarily other manufacturing |
Corporate Credit Union: | No |
Year Opened: | 1975 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $776,563 |
CEO/Manager: | JACQUELINE J PATTERSON |
Chairperson: | IRVIN U LEONARD |
ASSETS: | $ Amount |
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Cash & Equivalents | 109,776 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 159,381 |
Other Loans | 374,574 |
TOTAL LOANS | 533,956 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -11,165 |
Land And Building | 0 |
Other Fixed Assets | 2,946 |
NCUSIF Deposit | 4,912 |
All Other Assets | 0 |
TOTAL ASSETS | 776,563 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 3,346 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 380,146 |
All Other Shares & Deposits | 100,000 |
TOTAL SHARES & DEPOSITS | 480,146 |
TOTAL LIABILITIES | 483,492 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 293,071 |
TOTAL EQUITY | 293,071 |
TOTAL LIABILITIES, SHARES, & EQUITY | 776,563 |
INCOME & EXPENSE | |
Loan Income | 64,396 |
Investment Income | 4,770 |
Other Income | 5,420 |
Total Employee Compensation & Benefits | 15,903 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 49,790 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 23,600 |
Cost of Funds | 2,748 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -16,109 |
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