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GRAPHIC ARTS CREDIT UNION

Jun, 30, 2021 — GRAPHIC ARTS CREDIT UNION is a federally insured state chartered credit union headquartered in Shreveport, LA with 2 branch locations and about $1.31 million in total assets. Opened 69 years ago in 1952, GRAPHIC ARTS CREDIT UNION has about 411 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, Suite 210
Shreveport, LA 71101-5557
Phone:(318) 208-8504
Fax:(318) 208-8515
Website:n/a
Branches:2 branch locations
Members:411
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:Jan 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$1,313,813
CEO/Manager:Freddie Washington
Chairperson:Kevin McFerren

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 254,999
TOTAL INVESTMENTS 101,858
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 411,030
 Other Loans 586,017
 TOTAL LOANS 997,047
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -54,576
 Land And Building 0
 Other Fixed Assets 1,928
 NCUSIF Deposit 12,370
 All Other Assets 187
  TOTAL ASSETS 1,313,813
LIABILITIES & CAPITAL:  
 Dividends Payable 3,398
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,287
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 884,335
 All Other Shares & Deposits 4,712
  TOTAL SHARES & DEPOSITS 889,047
  TOTAL LIABILITIES 893,732
 Regular Reserve 163,090
 Other Reserves 0
 Undivided Earnings 256,991
  TOTAL EQUITY 420,081
  TOTAL LIABILITIES, SHARES, & EQUITY 1,313,813
INCOME & EXPENSE  
 Loan Income 42,927
 Investment Income 152
 Other Income 9,148
 Total Employee Compensation & Benefits 31,915
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 27,553
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 8,349
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -15,590
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