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LOUISIANA CENTRAL CREDIT UNION

Mar, 31, 2022 — LOUISIANA CENTRAL CREDIT UNION is a federally insured state chartered credit union headquartered in HARAHAN, LA with 1 branch location and about $13.85 million in total assets. Opened 80 years ago in 1942, LOUISIANA CENTRAL CREDIT UNION has about 2,389 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LOUISIANA CENTRAL CREDIT UNION
Address:
(Main Office)
824 Elmwood Park Blvd
HARAHAN, LA 70123-3332
Phone:(504) 733-0789
Fax:(504) 733-0767
Website:http://louisianacentral.org
Branches:1 branch locations
Members:2,389
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61724
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1942
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$13,853,556
CEO/Manager:John E Tramell
Chairperson:Henry V Orgeron

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 352,791
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 2,659,273
 Other Loans 5,414,865
 TOTAL LOANS 8,605,040
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -188,853
 Land And Building 0
 Other Fixed Assets 11,737
 NCUSIF Deposit 121,842
 All Other Assets 0
  TOTAL ASSETS 13,853,556
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 546,316
 Accounts Payable & Other Liabilities 255,940
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,364,152
 Regular shares 9,313,631
 All Other Shares & Deposits 1,432,917
  TOTAL SHARES & DEPOSITS 12,110,700
  TOTAL LIABILITIES 12,912,956
 Regular Reserve 0
 Other Reserves 627,261
 Undivided Earnings 313,339
  TOTAL EQUITY 940,600
  TOTAL LIABILITIES, SHARES, & EQUITY 13,853,556
INCOME & EXPENSE  
 Loan Income 149,553
 Investment Income 11,777
 Other Income 35,023
 Total Employee Compensation & Benefits 85,137
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 104,021
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 4,652
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 26,971
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