Jun, 30, 2024 — GRAPHIC ARTS CREDIT UNION is a federally insured state chartered credit union headquartered in SHREVEPORT, LA with 2 branch locations and about $1.43 million in total assets. Opened 72 years ago in 1952, GRAPHIC ARTS CREDIT UNION has about 410 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GRAPHIC ARTS CREDIT UNION |
|---|---|
| Address: (Main Office) | 401 Edwards St Ste 210 SHREVEPORT, LA 71101-5557 |
| Phone: | (318) 208-8504 |
| Fax: | (318) 208-8515 |
| Website: | n/a |
| Branches: | 2 branch locations |
| Members: | 410 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60261 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Feb 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,425,663 |
| CEO/Manager: | Freddie Washington |
| Chairperson: | Kevin McFerren |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 283,129 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 494,010 |
| Other Loans | 653,337 |
| TOTAL LOANS | 1,147,347 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -15,793 |
| Land And Building | 0 |
| Other Fixed Assets | 1,927 |
| NCUSIF Deposit | 8,866 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,425,663 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,764 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,581 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 937,718 |
| All Other Shares & Deposits | 5,645 |
| TOTAL SHARES & DEPOSITS | 943,363 |
| TOTAL LIABILITIES | 948,708 |
| Regular Reserve | 0 |
| Other Reserves | 163,090 |
| Undivided Earnings | 313,865 |
| TOTAL EQUITY | 476,955 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,425,663 |
| INCOME & EXPENSE | |
| Loan Income | 84,726 |
| Investment Income | 0 |
| Other Income | 14,178 |
| Total Employee Compensation & Benefits | 49,268 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 23,411 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 10,939 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 15,286 |
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