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NODA FEDERAL CREDIT UNION

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

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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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