Dec, 31, 2023 — SHREVEPORT POLICE FEDERAL CREDIT UNION is a federal credit union headquartered in SHREVEPORT, LA with 1 branch location and about $7.55 million in total assets. Opened 75 years ago in 1949, SHREVEPORT POLICE FEDERAL CREDIT UNION has about 993 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: | SHREVEPORT POLICE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2750 Mackey Ln SHREVEPORT, LA 71118-2522 |
| Phone: | (318) 603-1966 |
| Fax: | (318) 603-1968 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 993 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6048 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $7,547,499 |
| CEO/Manager: | Lisa B Huddleston |
| Chairperson: | MARK A ROGERS |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,633,670 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 507,540 |
| Other Loans | 5,001,822 |
| TOTAL LOANS | 5,509,363 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,188 |
| Land And Building | 126,409 |
| Other Fixed Assets | 3,660 |
| NCUSIF Deposit | 62,520 |
| All Other Assets | 0 |
| TOTAL ASSETS | 7,547,499 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 12,701 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 5,567,676 |
| All Other Shares & Deposits | 737,833 |
| TOTAL SHARES & DEPOSITS | 6,305,509 |
| TOTAL LIABILITIES | 6,318,210 |
| Regular Reserve | 0 |
| Other Reserves | 203,329 |
| Undivided Earnings | 1,025,960 |
| TOTAL EQUITY | 1,229,289 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 7,547,499 |
| INCOME & EXPENSE | |
| Loan Income | 278,567 |
| Investment Income | 14,526 |
| Other Income | 22,564 |
| Total Employee Compensation & Benefits | 146,922 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 89,955 |
| Non-operating Income & (Expense) | 1,950 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 15,860 |
| Cost of Funds | 8,156 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 57,987 |
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