Dec, 31, 2023 — ALEXANDRIA MUNICIPAL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in ALEXANDRIA, LA with 1 branch location and about $29.92 million in total assets. Opened 73 years ago in 1951, ALEXANDRIA MUNICIPAL EMPLOYEES CREDIT UNION has about 1,858 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ALEXANDRIA MUNICIPAL EMPLOYEES CREDIT UNION |
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Address: (Main Office) | 1032 Wisteria St ALEXANDRIA, LA 71301-6859 |
Phone: | (318) 445-5696 |
Fax: | (318) 445-2083 |
Website: | https://www.amecu.org |
Branches: | 1 branch locations |
Members: | 1,858 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 62438 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1951 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $29,919,117 |
CEO/Manager: | Janet M McDaniel |
Chairperson: | JIM B ATKINS, JR |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,277,403 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 2,183,812 |
Unsecured Loans | 2,589,114 |
Other Loans | 12,838,171 |
TOTAL LOANS | 17,611,097 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -106,199 |
Land And Building | 146,346 |
Other Fixed Assets | 55,192 |
NCUSIF Deposit | 249,641 |
All Other Assets | 0 |
TOTAL ASSETS | 29,919,117 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 19,715 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,342,024 |
Regular shares | 12,022,595 |
All Other Shares & Deposits | 10,436,909 |
TOTAL SHARES & DEPOSITS | 25,801,528 |
TOTAL LIABILITIES | 25,821,243 |
Regular Reserve | 0 |
Other Reserves | 683,012 |
Undivided Earnings | 3,414,862 |
TOTAL EQUITY | 4,097,874 |
TOTAL LIABILITIES, SHARES, & EQUITY | 29,919,117 |
INCOME & EXPENSE | |
Loan Income | 953,842 |
Investment Income | 198,440 |
Other Income | 58,189 |
Total Employee Compensation & Benefits | 450,523 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 507,144 |
Non-operating Income & (Expense) | 10,836 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,400 |
Cost of Funds | 268,338 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 143,500 |
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