Credit Unions Near Me
National Credit Union Service Organization

WEST MONROE FEDERAL CREDIT UNION

Mar, 31, 2021 — WEST MONROE FEDERAL CREDIT UNION is a federal credit union headquartered in West Monroe, LA with 1 branch location and about $4.74 million in total assets. Opened 45 years ago in 1976, WEST MONROE FEDERAL CREDIT UNION has about 479 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:WEST MONROE FEDERAL CREDIT UNION
Address:
(Main Office)
2305 North 7th Street
West Monroe, LA 71291
Phone:(318) 387-2896
Fax:(318) 322-5155
Website:n/a
Branches:1 branch locations
Members:479
Credit Union Type:Federal Credit Union
Charter Number:22527
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1976
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$4,739,402
CEO/Manager:Erik Pearson
Chairperson:Carl Turner

Call Report

  • Micro Consumer Loans
  • Real Estate Loans
  • Risk Based Loans

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 840,079
TOTAL INVESTMENTS 763,619
Loans Held for Sale 0
 
 Real Estate Loans 458,189
 Unsecured Loans 434,784
 Other Loans 2,231,873
 TOTAL LOANS 3,124,846
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -34,652
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 41,822
 All Other Assets 3,688
  TOTAL ASSETS 4,739,402
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 43,155
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,097,789
 All Other Shares & Deposits 2,025,330
  TOTAL SHARES & DEPOSITS 4,123,119
  TOTAL LIABILITIES 4,166,274
 Regular Reserve 70,906
 Other Reserves 0
 Undivided Earnings 502,222
  TOTAL EQUITY 573,128
  TOTAL LIABILITIES, SHARES, & EQUITY 4,739,402
INCOME & EXPENSE  
 Loan Income 53,658
 Investment Income 5,737
 Other Income 578
 Total Employee Compensation & Benefits 43,754
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 6,632
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 9,709
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -122
↑ Back to Top

Other Credit Unions

UNION FEDERAL CREDIT UNION
PO BOX 603
FARMERVILLE, LA 71241
RICHLAND PARISH SCHOOLS FEDERAL CREDIT UNION
411 Foster Street, RPSB Annex Build
RAYVILLE, LA 71269-5549
LOUISIANA MACHINERY EMPLOYEES FEDERAL CREDIT UNION
2414 Ferrand St Ste 4, Louisiana Ma
MONROE, LA 71201-3249
DISTRICT 05 DOTD FEDERAL CREDIT UNION
P.O. BOX 4068
MONROE, LA 71211
PINEY HILLS FEDERAL CREDIT UNION
PO BOX 340
SIMSBORO, LA 71275
DISTRICT 58 FEDERAL CREDIT UNION
PO BOX 110
CHASE, LA 71324
CONCORDIA PARISH SCHOOL EMP FEDERAL CREDIT UNION
P O BOX 1525
FERRIDAY, LA 71334
MONROE TELCO FEDERAL CREDIT UNION
P. O. Box 4867
MONROE, LA 71211-4867
FEDERAL EMPLOYEES CREDIT UNION
P.O. BOX 5006
MONROE, LA 71211