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NODA FEDERAL CREDIT UNION

Dec, 31, 2021 — NODA FEDERAL CREDIT UNION is a federal credit union headquartered in SLIDELL, LA with 3 branch locations and about $42.36 million in total assets. Opened 81 years ago in 1941, NODA FEDERAL CREDIT UNION has about 3,219 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:3,219
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:Jan 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$42,361,621
CEO/Manager:Evelyn B Parker
Chairperson:Adimu Watson

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,398,582
TOTAL INVESTMENTS 20,743,609
Loans Held for Sale 0
 
 Real Estate Loans 2,292,493
 Unsecured Loans 4,710,382
 Other Loans 8,387,399
 TOTAL LOANS 15,390,274
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -85,061
 Land And Building 470,228
 Other Fixed Assets 16,034
 NCUSIF Deposit 325,421
 All Other Assets 102,534
  TOTAL ASSETS 42,361,621
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -64,591
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,053,858
 Regular shares 28,746,295
 All Other Shares & Deposits 2,094,935
  TOTAL SHARES & DEPOSITS 35,895,088
  TOTAL LIABILITIES 35,830,497
 Regular Reserve 531,392
 Other Reserves 120,327
 Undivided Earnings 5,879,405
  TOTAL EQUITY 6,531,124
  TOTAL LIABILITIES, SHARES, & EQUITY 42,361,621
INCOME & EXPENSE  
 Loan Income 805,485
 Investment Income 261,192
 Other Income 234,583
 Total Employee Compensation & Benefits 761,069
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 528,535
 Non-operating Income & (Expense) -12,313
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -42,401
 Cost of Funds 57,831
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 26,351
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