Jun, 30, 2021 — EAGLE LOUISIANA FEDERAL CREDIT UNION is a federal credit union headquartered in BATON ROUGE, LA with 5 branch locations and about $120.82 million in total assets. Opened 79 years ago in 1942, EAGLE LOUISIANA FEDERAL CREDIT UNION has about 12,017 members and employs 50 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | EAGLE LOUISIANA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 64630 BATON ROUGE, LA 70896 |
| Phone: | (225) 927-1900 |
| Fax: | (225) 927-1960 |
| Website: | http://www.eaglefederal.org |
| Branches: | 5 branch locations |
| Members: | 12,017 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24661 |
|---|---|
| Membership Type: | Multiple common bond - Primarily health care |
| Corporate Credit Union: | No |
| Year Opened: | 1942 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $120,819,559 |
| CEO/Manager: | Evelyn McDonner |
| Chairperson: | Pam Brown |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,125,523 |
| TOTAL INVESTMENTS | 24,272,007 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 12,188,865 |
| Unsecured Loans | 16,024,589 |
| Other Loans | 58,733,886 |
| TOTAL LOANS | 86,947,340 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -933,059 |
| Land And Building | 4,939,533 |
| Other Fixed Assets | 165,463 |
| NCUSIF Deposit | 1,053,611 |
| All Other Assets | 1,249,141 |
| TOTAL ASSETS | 120,819,559 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -2,147,776 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 15,227,123 |
| Regular shares | 65,435,383 |
| All Other Shares & Deposits | 28,931,301 |
| TOTAL SHARES & DEPOSITS | 109,593,807 |
| TOTAL LIABILITIES | 107,446,031 |
| Regular Reserve | 2,554,749 |
| Other Reserves | 4,612,585 |
| Undivided Earnings | 6,206,194 |
| TOTAL EQUITY | 13,373,528 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 120,819,559 |
| INCOME & EXPENSE | |
| Loan Income | 2,310,794 |
| Investment Income | 38,191 |
| Other Income | 339,399 |
| Total Employee Compensation & Benefits | 1,666,855 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,023,648 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 34,919 |
| Cost of Funds | 276,384 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 358,576 |
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