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 |
|---|---|
| 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 |
|---|---|
| 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 |
|---|---|
| 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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