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NODA FEDERAL CREDIT UNION

Dec, 31, 2023 — NODA FEDERAL CREDIT UNION is a federal credit union headquartered in SLIDELL, LA with 3 branch locations and about $40.04 million in total assets. Opened 83 years ago in 1941, NODA FEDERAL CREDIT UNION has about 3,040 members and employs 7 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:https://nodafcu.org
Branches:3 branch locations
Members:3,040
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:May 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$40,043,930
CEO/Manager:Laurie A McLester
Chairperson:Royce Johnson

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,339,102
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,648,188
 Unsecured Loans 4,365,904
 Other Loans 9,884,417
 TOTAL LOANS 15,898,510
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -140,039
 Land And Building 442,471
 Other Fixed Assets 16,435
 NCUSIF Deposit 347,544
 All Other Assets 0
  TOTAL ASSETS 40,043,930
LIABILITIES & CAPITAL:  
 Dividends Payable 29,474
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 408,600
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,442,245
 Regular shares 26,962,448
 All Other Shares & Deposits 775,418
  TOTAL SHARES & DEPOSITS 33,180,111
  TOTAL LIABILITIES 33,618,185
 Regular Reserve 0
 Other Reserves -85,458
 Undivided Earnings 6,511,203
  TOTAL EQUITY 6,425,745
  TOTAL LIABILITIES, SHARES, & EQUITY 40,043,930
INCOME & EXPENSE  
 Loan Income 834,637
 Investment Income 405,035
 Other Income 281,111
 Total Employee Compensation & Benefits 665,497
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 640,507
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 124,352
 Cost of Funds 123,686
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 44,994
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