Sep, 30, 2025 — FEDERAL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in MONROE, LA with 1 branch location and about $22.31 million in total assets. Opened 85 years ago in 1941, FEDERAL EMPLOYEES CREDIT UNION has about 1,316 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FEDERAL EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 416 SHERIDAN AVE MONROE, LA 71201-5128 |
| Phone: | (318) 387-3215 |
| Fax: | (318) 387-8714 |
| Website: | https://www.federalemployeescu-dn.f |
| Branches: | 1 branch locations |
| Members: | 1,316 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62929 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1941 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $22,311,526 |
| CEO/Manager: | SHARON K HESTER |
| Chairperson: | SUE SAUCER |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,929,368 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 40,380 |
| Unsecured Loans | 1,407,460 |
| Other Loans | 13,222,224 |
| TOTAL LOANS | 15,302,244 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -172,098 |
| Land And Building | 155,366 |
| Other Fixed Assets | 11,459 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 138,424 |
| All Other Assets | 0 |
| TOTAL ASSETS | 22,311,526 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 92,799 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,525,049 |
| Regular shares | 8,530,188 |
| All Other Shares & Deposits | 3,892,214 |
| TOTAL SHARES & DEPOSITS | 14,947,451 |
| TOTAL LIABILITIES | 15,040,250 |
| Regular Reserve | 0 |
| Other Reserves | 1,054,269 |
| Undivided Earnings | 6,217,007 |
| TOTAL EQUITY | 7,271,276 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 22,311,526 |
| INCOME & EXPENSE | |
| Loan Income | 650,238 |
| Investment Income | 119,938 |
| Other Income | 47,760 |
| Total Employee Compensation & Benefits | 267,214 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 198,641 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 85,931 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 280,466 |
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