Credit Unions Near Me
National Credit Union Service Organization

VALEX FEDERAL CREDIT UNION

Jun, 30, 2021 — VALEX FEDERAL CREDIT UNION is a federal credit union headquartered in TIOGA, LA with 3 branch locations and about $35.21 million in total assets. Opened 72 years ago in 1949, VALEX FEDERAL CREDIT UNION has about 2,781 members and employs 12 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)
PO BOX 1375
TIOGA, LA 71477
Phone:(318) 443-1200
Fax:(318) 449-4779
Website:http://www.valexfcu.org
Branches:3 branch locations
Members:2,781
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$35,206,641
CEO/Manager:Chris Chelette
Chairperson:Martin Borland

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 9,927,477
TOTAL INVESTMENTS 7,359,285
Loans Held for Sale 0
 
 Real Estate Loans 4,084,245
 Unsecured Loans 2,370,881
 Other Loans 10,617,754
 TOTAL LOANS 17,072,880
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -125,731
 Land And Building 183,139
 Other Fixed Assets 43,175
 NCUSIF Deposit 298,176
 All Other Assets 448,240
  TOTAL ASSETS 35,206,641
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 18,330
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,744,355
 Regular shares 21,108,376
 All Other Shares & Deposits 4,553,318
  TOTAL SHARES & DEPOSITS 32,406,049
  TOTAL LIABILITIES 32,424,379
 Regular Reserve 1,412,646
 Other Reserves 0
 Undivided Earnings 1,369,616
  TOTAL EQUITY 2,782,262
  TOTAL LIABILITIES, SHARES, & EQUITY 35,206,641
INCOME & EXPENSE  
 Loan Income 426,850
 Investment Income 62,782
 Other Income 45,427
 Total Employee Compensation & Benefits 251,072
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 318,622
 Non-operating Income & (Expense) 61,907
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 59,989
 Cost of Funds 41,191
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 24,766
↑ Back to Top

Other Credit Unions

CABOT EMPLOYEES CREDIT UNION
2066 Cabot Rd
VILLE PLATTE, LA 70586
LEGACY FINANCIAL FEDERAL CREDIT UNION
PO BOX 700
TIOGA, LA 71477-0700
DISTRICT 08 FEDERAL CREDIT UNION
PO BOX 5464
ALEXANDRIA, LA 71307
LOUISIANA BAPTIST FEDERAL CREDIT UNION
1250 macarthur dr
ALEXANDRIA, LA 71303-3124
ALEXANDRIA T & P FEDERAL CREDIT UNION
3900 TERMINAL RD
ALEXANDRIA, LA 71302-3731
RAPIDES FEDERAL CREDIT UNION
612 BROADWAY AVE
ALEXANDRIA, LA 71302
AVOYELLES PARISH SCH BRD EMP FEDERAL CREDIT UNION
P.O. Box 508
MARKSVILLE, LA 71351
CONCORDIA PARISH SCHOOL EMP FEDERAL CREDIT UNION
P O BOX 1525
FERRIDAY, LA 71334
RAPIDES GENERAL HOSPITAL EMPL FEDERAL CREDIT UNION
211 FOURTH ST, 1ST FLOOR MEDICAL TE
ALEXANDRIA, LA 71301-8421
ALEXANDRIA MUNICIPAL EMPLOYEES CREDIT UNION
1032 WISTERIA ST
ALEXANDRIA, LA 71301-6859