Jun, 30, 2021 — NODA FEDERAL CREDIT UNION is a federal credit union headquartered in SLIDELL, LA with 3 branch locations and about $41.89 million in total assets. Opened 80 years ago in 1941, NODA FEDERAL CREDIT UNION has about 3,254 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NODA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 720 ROBERT BLVD SLIDELL, LA 70458 |
| Phone: | (985) 259-4145 |
| Fax: | (985) 259-4180 |
| Website: | http://nodafcu.org |
| Branches: | 3 branch locations |
| Members: | 3,254 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 4461 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1941 |
| Last Audited: | Sep 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $41,888,937 |
| CEO/Manager: | Evelyn B Parker |
| Chairperson: | Adimu Watson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,211,663 |
| TOTAL INVESTMENTS | 19,609,984 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,285,877 |
| Unsecured Loans | 3,964,948 |
| Other Loans | 9,036,853 |
| TOTAL LOANS | 15,287,678 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -106,512 |
| Land And Building | 475,958 |
| Other Fixed Assets | 14,659 |
| NCUSIF Deposit | 325,421 |
| All Other Assets | 70,086 |
| TOTAL ASSETS | 41,888,937 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 9,810 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 65,284 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,732,681 |
| Regular shares | 28,367,406 |
| All Other Shares & Deposits | 2,252,723 |
| TOTAL SHARES & DEPOSITS | 35,352,810 |
| TOTAL LIABILITIES | 35,427,904 |
| Regular Reserve | 531,392 |
| Other Reserves | 107,097 |
| Undivided Earnings | 5,822,544 |
| TOTAL EQUITY | 6,461,033 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 41,888,937 |
| INCOME & EXPENSE | |
| Loan Income | 389,012 |
| Investment Income | 128,544 |
| Other Income | 103,175 |
| Total Employee Compensation & Benefits | 374,255 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 267,110 |
| Non-operating Income & (Expense) | 13,385 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 29,258 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -4,811 |
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