Dec, 31, 2021 — EAGLE LOUISIANA FEDERAL CREDIT UNION is a federal credit union headquartered in BATON ROUGE, LA with 5 branch locations and about $121.87 million in total assets. Opened 80 years ago in 1942, EAGLE LOUISIANA FEDERAL CREDIT UNION has about 12,016 members and employs 47 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) | 2271 College Dr BATON ROUGE, LA 70808-1839 |
| Phone: | (225) 927-1900 |
| Fax: | (225) 927-1960 |
| Website: | http://www.eaglefederal.org |
| Branches: | 5 branch locations |
| Members: | 12,016 |
| 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: | $121,867,300 |
| CEO/Manager: | Evelyn McDonner |
| Chairperson: | Pam Brown |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,487,737 |
| TOTAL INVESTMENTS | 20,625,007 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 12,432,642 |
| Unsecured Loans | 16,323,683 |
| Other Loans | 58,168,193 |
| TOTAL LOANS | 86,924,518 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -725,562 |
| Land And Building | 4,973,820 |
| Other Fixed Assets | 151,094 |
| NCUSIF Deposit | 1,081,752 |
| All Other Assets | 4,348,934 |
| TOTAL ASSETS | 121,867,300 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -1,343,438 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 15,473,208 |
| Regular shares | 66,959,999 |
| All Other Shares & Deposits | 26,999,872 |
| TOTAL SHARES & DEPOSITS | 109,433,079 |
| TOTAL LIABILITIES | 108,089,641 |
| Regular Reserve | 2,554,749 |
| Other Reserves | 4,612,585 |
| Undivided Earnings | 6,610,325 |
| TOTAL EQUITY | 13,777,659 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 121,867,300 |
| INCOME & EXPENSE | |
| Loan Income | 4,634,264 |
| Investment Income | 65,033 |
| Other Income | 721,001 |
| Total Employee Compensation & Benefits | 3,331,034 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,156,004 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 56,186 |
| Cost of Funds | 572,845 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 762,705 |
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