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National Credit Union Service Organization

ST. MARY PARISH SCHOOL EMP. FEDERAL CREDIT UNION

Mar, 31, 2021 — ST. MARY PARISH SCHOOL EMP. FEDERAL CREDIT UNION is a federal credit union headquartered in Franklin, LA with 1 branch location and about $453,152 in total assets. Opened 45 years ago in 1976, ST. MARY PARISH SCHOOL EMP. FEDERAL CREDIT UNION has about 294 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ST. MARY PARISH SCHOOL EMP. FEDERAL CREDIT UNION
Address:
(Main Office)
P. O. Box 209
Franklin, LA 70538
Phone:(337) 828-0143
Fax:(337) 828-0184
Website:n/a
Branches:1 branch locations
Members:294
Credit Union Type:Federal Credit Union
Charter Number:22417
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1976
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$453,152
CEO/Manager:Fallon Mitchell
Chairperson:JBertrand Ina

Call Report

  • Micro Consumer Loans
  • Risk Based Loans

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 337,941
TOTAL INVESTMENTS 1,706
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 111,145
 Other Loans 0
 TOTAL LOANS 111,145
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,500
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 2,984
 All Other Assets 1,876
  TOTAL ASSETS 453,152
LIABILITIES & CAPITAL:  
 Dividends Payable 159
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 675
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 371,196
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 371,196
  TOTAL LIABILITIES 372,030
 Regular Reserve 39,625
 Other Reserves 0
 Undivided Earnings 41,497
  TOTAL EQUITY 81,122
  TOTAL LIABILITIES, SHARES, & EQUITY 453,152
INCOME & EXPENSE  
 Loan Income 4,641
 Investment Income 47
 Other Income 160
 Total Employee Compensation & Benefits 1,894
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,439
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,721
 Cost of Funds 159
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -1,365
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