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SOUTHEAST LOUISIANA VETERANS HEALTH FEDERAL CREDIT UNION

Mar, 31, 2022 — SOUTHEAST LOUISIANA VETERANS HEALTH FEDERAL CREDIT UNION is a federal credit union headquartered in NEW ORLEANS, LA with 1 branch location and about $2.64 million in total assets. Opened 74 years ago in 1948, SOUTHEAST LOUISIANA VETERANS HEALTH FEDERAL CREDIT UNION has about 895 members 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 St Ste 1Q130
NEW ORLEANS, LA 70119
Phone:(504) 507-5009
Fax:(504) 507-7536
Website:http://www.slvhcsfcu.com
Branches:1 branch locations
Members:895
Credit Union Type:Federal Credit Union
Charter Number:5839
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1948
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$2,637,440
CEO/Manager:Deborah M Nabauns
Chairperson:Christopher Williams

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,168,652
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 366,987
 Other Loans 1,036,544
 TOTAL LOANS 1,403,531
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -21,723
 Land And Building 0
 Other Fixed Assets 63,604
 NCUSIF Deposit 20,282
 All Other Assets 0
  TOTAL ASSETS 2,637,440
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -102,163
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,462,377
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,462,377
  TOTAL LIABILITIES 2,360,214
 Regular Reserve 0
 Other Reserves 93,088
 Undivided Earnings 184,138
  TOTAL EQUITY 277,226
  TOTAL LIABILITIES, SHARES, & EQUITY 2,637,440
INCOME & EXPENSE  
 Loan Income 30,553
 Investment Income 83
 Other Income 83
 Total Employee Compensation & Benefits 24,465
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 5,206
 Non-operating Income & (Expense) 1,640
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 513
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 40,067
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