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SOUTHEAST LOUISIANA VETERANS HEALTH FEDERAL CREDIT UNION

Jun, 30, 2021 — SOUTHEAST LOUISIANA VETERANS HEALTH FEDERAL CREDIT UNION is a federal credit union headquartered in New Orleans, LA with 1 branch location and about $2.65 million in total assets. Opened 73 years ago in 1948, SOUTHEAST LOUISIANA VETERANS HEALTH FEDERAL CREDIT UNION has about 889 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SOUTHEAST LOUISIANA VETERANS HEALTH FEDERAL CREDIT UNION
Address:
(Main Office)
2400 Canal Street, Ste 1Q130
New Orleans, LA 70119
Phone:(504) 507-5009
Fax:(504) 507-7536
Website:http://www.slvhcsfcu.com
Branches:1 branch locations
Members:889
Credit Union Type:Federal Credit Union
Charter Number:5839
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1948
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$2,651,786
CEO/Manager:Deborah M Nabauns
Chairperson:James Ellis Jr.

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,422,357
TOTAL INVESTMENTS 500
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 395,005
 Other Loans 839,281
 TOTAL LOANS 1,234,286
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -28,455
 Land And Building 0
 Other Fixed Assets 1,821
 NCUSIF Deposit 20,282
 All Other Assets 995
  TOTAL ASSETS 2,651,786
LIABILITIES & CAPITAL:  
 Dividends Payable 513
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,521
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,362,077
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,362,077
  TOTAL LIABILITIES 2,365,111
 Regular Reserve 93,088
 Other Reserves 0
 Undivided Earnings 193,587
  TOTAL EQUITY 286,675
  TOTAL LIABILITIES, SHARES, & EQUITY 2,651,786
INCOME & EXPENSE  
 Loan Income 57,811
 Investment Income 151
 Other Income 12,009
 Total Employee Compensation & Benefits 39,728
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 29,083
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,046
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 114
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