Mar, 31, 2022 — COAST GUARD EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in New Orleans, LA with 1 branch location and about $4.45 million in total assets. Opened 72 years ago in 1950, COAST GUARD EMPLOYEES CREDIT UNION has about 531 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | COAST GUARD EMPLOYEES CREDIT UNION |
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Address: (Main Office) | Hale Boggs Federal Building, 500 Po New Orleans, LA 70130 |
Phone: | (504) 671-2287 |
Fax: | (504) 671-2290 |
Website: | https://www.coastguardecu.net |
Branches: | 1 branch locations |
Members: | 531 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 62258 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1950 |
Last Audited: | Mar 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $4,452,875 |
CEO/Manager: | James C Pulse |
Chairperson: | Alvia Lee |
ASSETS: | $ Amount |
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Cash & Equivalents | 68,845 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 273,342 |
Other Loans | 725,097 |
TOTAL LOANS | 998,439 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -31,629 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 37,530 |
All Other Assets | 23,400 |
TOTAL ASSETS | 4,452,875 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 32,249 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 3,398,686 |
All Other Shares & Deposits | 116,854 |
TOTAL SHARES & DEPOSITS | 3,515,540 |
TOTAL LIABILITIES | 3,547,789 |
Regular Reserve | 0 |
Other Reserves | 658,957 |
Undivided Earnings | 246,129 |
TOTAL EQUITY | 905,086 |
TOTAL LIABILITIES, SHARES, & EQUITY | 4,452,875 |
INCOME & EXPENSE | |
Loan Income | 16,800 |
Investment Income | 2,622 |
Other Income | 522 |
Total Employee Compensation & Benefits | 25,799 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 8,651 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 1,506 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -16,012 |
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