Dec, 31, 2023 — ASCENSION CREDIT UNION is a federally insured state chartered credit union headquartered in GONZALES, LA with 3 branch locations and about $103.66 million in total assets. Opened 50 years ago in 1974, ASCENSION CREDIT UNION has about 9,726 members and employs 36 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: | 9,726 |
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, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $103,663,601 |
CEO/Manager: | Lloyd Cockerham |
Chairperson: | Robert Clouatre |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 3,001,262 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 16,636,367 |
Unsecured Loans | 4,579,351 |
Other Loans | 56,534,673 |
TOTAL LOANS | 77,750,393 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -293,138 |
Land And Building | 5,365,527 |
Other Fixed Assets | 405,731 |
NCUSIF Deposit | 874,109 |
All Other Assets | 324,892 |
TOTAL ASSETS | 103,663,601 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 4,825 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,318,226 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 12,764,024 |
Regular shares | 43,104,682 |
All Other Shares & Deposits | 34,264,128 |
TOTAL SHARES & DEPOSITS | 90,132,833 |
TOTAL LIABILITIES | 92,455,884 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 11,207,717 |
TOTAL EQUITY | 11,207,717 |
TOTAL LIABILITIES, SHARES, & EQUITY | 103,663,601 |
INCOME & EXPENSE | |
Loan Income | 4,829,110 |
Investment Income | 367,944 |
Other Income | 622,087 |
Total Employee Compensation & Benefits | 2,237,497 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,938,602 |
Non-operating Income & (Expense) | -25,799 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 6,093 |
Cost of Funds | 1,144,641 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 467,807 |
↑ Back to Top |