Sep, 30, 2025 — VALEX FEDERAL CREDIT UNION is a federal credit union headquartered in ALEXANDRIA, LA with 2 branch locations and about $41.83 million in total assets. Opened 77 years ago in 1949, VALEX FEDERAL CREDIT UNION has about 2,915 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | VALEX FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1767 Jackson St ALEXANDRIA, LA 71301-6433 |
| Phone: | (318) 443-1200 |
| Fax: | (318) 487-1326 |
| Website: | https://www.valexfcu.org |
| Branches: | 2 branch locations |
| Members: | 2,915 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6116 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $41,834,082 |
| CEO/Manager: | Lindsey Bertrand |
| Chairperson: | Deron Thaxton |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,593,394 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,201,723 |
| Unsecured Loans | 3,383,340 |
| Other Loans | 24,201,117 |
| TOTAL LOANS | 30,786,180 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -55,657 |
| Land And Building | 157,864 |
| Other Fixed Assets | 35,160 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 370,378 |
| All Other Assets | 0 |
| TOTAL ASSETS | 41,834,082 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 5,542 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,542,958 |
| Regular shares | 21,581,706 |
| All Other Shares & Deposits | 8,326,094 |
| TOTAL SHARES & DEPOSITS | 38,450,757 |
| TOTAL LIABILITIES | 38,456,299 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,377,783 |
| TOTAL EQUITY | 3,377,783 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 41,834,082 |
| INCOME & EXPENSE | |
| Loan Income | 1,568,396 |
| Investment Income | 156,531 |
| Other Income | 100,793 |
| Total Employee Compensation & Benefits | 424,554 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 773,698 |
| Non-operating Income & (Expense) | 6,565 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 56,000 |
| Cost of Funds | 384,316 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 407,993 |
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