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CABOT EMPLOYEES CREDIT UNION

Sep, 30, 2025 — CABOT EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in Ville Platte, LA with 1 branch location and about $612,936 in total assets. Opened 70 years ago in 1956, CABOT EMPLOYEES CREDIT UNION has about 62 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CABOT EMPLOYEES CREDIT UNION
Address:
(Main Office)
2066 Cabot Rd
Ville Platte, LA 70586
Phone:(337) 360-2151
Fax:(337) 363-1706
Website:n/a
Branches:1 branch locations
Members:62
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:62896
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1956
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$612,936
CEO/Manager:Brandy G Boudreaux
Chairperson:Rhonda Deshotels

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 56,699
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 26,251
 Other Loans 138,531
 TOTAL LOANS 100,625
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -12,752
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 5,404
 All Other Assets 0
  TOTAL ASSETS 612,936
LIABILITIES & CAPITAL:  
 Dividends Payable 600
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 139
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 556,752
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 556,752
  TOTAL LIABILITIES 353,541
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 55,145
  TOTAL EQUITY 55,145
  TOTAL LIABILITIES, SHARES, & EQUITY 419,115
INCOME & EXPENSE  
 Loan Income 4,615
 Investment Income 3,909
 Other Income 140
 Total Employee Compensation & Benefits 7,751
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 9,292
 Non-operating Income & (Expense) 4,111
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 900
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,150
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