Sep, 30, 2025 — ASCENSION CREDIT UNION is a federally insured state chartered credit union headquartered in GONZALES, LA with 3 branch locations and about $107.38 million in total assets. Opened 52 years ago in 1974, ASCENSION CREDIT UNION has about 10,540 members and employs 40 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ASCENSION CREDIT UNION |
|---|---|
| Address: (Main Office) | 2430 S Burnside Ave GONZALES, LA 70737-4645 |
| Phone: | (225) 621-2800 |
| Fax: | (225) 621-2837 |
| Website: | https://www.ascensioncu.org |
| Branches: | 3 branch locations |
| Members: | 10,540 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62018 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1974 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $107,378,187 |
| CEO/Manager: | Lloyd Cockerham |
| Chairperson: | Robert Clouatre |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,928,299 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 18,027,519 |
| Unsecured Loans | 3,930,947 |
| Other Loans | 62,731,023 |
| TOTAL LOANS | 84,689,489 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -192,279 |
| Land And Building | 5,109,812 |
| Other Fixed Assets | 450,286 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 861,537 |
| All Other Assets | 386,663 |
| TOTAL ASSETS | 107,378,187 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,331,586 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 15,677,965 |
| Regular shares | 44,203,717 |
| All Other Shares & Deposits | 34,329,158 |
| TOTAL SHARES & DEPOSITS | 94,210,840 |
| TOTAL LIABILITIES | 95,542,426 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 11,835,761 |
| TOTAL EQUITY | 11,835,761 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 107,378,187 |
| INCOME & EXPENSE | |
| Loan Income | 4,438,642 |
| Investment Income | 424,170 |
| Other Income | 599,994 |
| Total Employee Compensation & Benefits | 1,757,627 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,875,439 |
| Non-operating Income & (Expense) | -194,359 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 137,595 |
| Cost of Funds | 1,072,596 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 257,019 |
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