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NORTH LITTLE ROCK EDUCATORS FEDERAL CREDIT UNION

Jun, 30, 2021 — NORTH LITTLE ROCK EDUCATORS FEDERAL CREDIT UNION is a federal credit union headquartered in North Little Ro, AR with 1 branch location and about $976,760 in total assets. Opened 65 years ago in 1956, NORTH LITTLE ROCK EDUCATORS FEDERAL CREDIT UNION has about 326 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:NORTH LITTLE ROCK EDUCATORS FEDERAL CREDIT UNION
Address:
(Main Office)
P.O. Box 687
North Little Ro, AR 72115
Phone:(501) 771-8074
Fax:(501) 771-8074
Website:n/a
Branches:1 branch locations
Members:326
Credit Union Type:Federal Credit Union
Charter Number:24434
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1956
Last Audited:Aug 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$976,760
CEO/Manager:Gregory N Daniels
Chairperson:Micheal Stone

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 201,724
TOTAL INVESTMENTS 448,000
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 57,952
 Other Loans 259,391
 TOTAL LOANS 317,343
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,127
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 7,690
 All Other Assets 3,130
  TOTAL ASSETS 976,760
LIABILITIES & CAPITAL:  
 Dividends Payable 1,616
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,049
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 851,176
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 851,176
  TOTAL LIABILITIES 855,841
 Regular Reserve 31,313
 Other Reserves 0
 Undivided Earnings 89,606
  TOTAL EQUITY 120,919
  TOTAL LIABILITIES, SHARES, & EQUITY 976,760
INCOME & EXPENSE  
 Loan Income 11,778
 Investment Income 335
 Other Income 890
 Total Employee Compensation & Benefits 9,172
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 6,148
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -361
 Cost of Funds 390
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 253
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