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National Credit Union Service Organization

DEPARTMENT OF CORRECTIONS CREDIT UNION

Dec, 31, 2021 — DEPARTMENT OF CORRECTIONS CREDIT UNION is a federally insured state chartered credit union headquartered in BATON ROUGE, LA with 10 branch locations and about $104.92 million in total assets. Opened 65 years ago in 1957, DEPARTMENT OF CORRECTIONS CREDIT UNION has about 13,230 members and employs 45 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 265473472
Name:DEPARTMENT OF CORRECTIONS CREDIT UNION
Address:
(Main Office)
704 Mayflower St
BATON ROUGE, LA 70802-6423
Phone:(225) 342-6618
Fax:(225) 342-4088
Website:http://www.doccu.org
Branches:10 branch locations
Members:13,230
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:62808
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1957
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$104,920,716
CEO/Manager:Ellen S Dunn
Chairperson:Burl Cain

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 23,641,752
TOTAL INVESTMENTS 17,234,336
Loans Held for Sale 0
 
 Real Estate Loans 12,365,332
 Unsecured Loans 11,863,738
 Other Loans 36,713,411
 TOTAL LOANS 60,942,481
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -633,060
 Land And Building 0
 Other Fixed Assets 2,639,751
 NCUSIF Deposit 817,524
 All Other Assets 277,932
  TOTAL ASSETS 104,920,716
LIABILITIES & CAPITAL:  
 Dividends Payable 14,683
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 473,762
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 12,992,565
 Regular shares 41,670,052
 All Other Shares & Deposits 30,122,261
  TOTAL SHARES & DEPOSITS 84,784,878
  TOTAL LIABILITIES 85,273,323
 Regular Reserve 4,558,603
 Other Reserves 0
 Undivided Earnings 15,088,790
  TOTAL EQUITY 19,647,393
  TOTAL LIABILITIES, SHARES, & EQUITY 104,920,716
INCOME & EXPENSE  
 Loan Income 4,218,824
 Investment Income 70,491
 Other Income 1,507,386
 Total Employee Compensation & Benefits 3,078,845
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,679,287
 Non-operating Income & (Expense) 7,603
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 9,750
 Cost of Funds 315,606
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,490,590
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