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National Credit Union Service Organization

N.O. PORT COMMISSION EMPLOYEES CREDIT UNION

Jun, 30, 2021 — N.O. PORT COMMISSION EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in NEW ORLEANS, LA with 0 branch location and about $3.96 million in total assets. Opened 69 years ago in 1952, N.O. PORT COMMISSION EMPLOYEES CREDIT UNION has about 609 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:N.O. PORT COMMISSION EMPLOYEES CREDIT UNION
Address:
(Main Office)
P O BOX 60046
NEW ORLEANS, LA 70160
Phone:(504) 528-3279
Fax:(504) 528-3483
Website:http://www.portnocu.com
Branches:0 branch locations
Members:609
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:62936
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1952
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$3,957,244
CEO/Manager:Barry M Henry
Chairperson:IVORY SCOTT

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 348,199
TOTAL INVESTMENTS 1,550,765
Loans Held for Sale 0
 
 Real Estate Loans 53,727
 Unsecured Loans 1,524,667
 Other Loans 438,197
 TOTAL LOANS 2,016,591
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -25,417
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 33,786
 All Other Assets 33,320
  TOTAL ASSETS 3,957,244
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 14,905
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 401,005
 Regular shares 2,860,047
 All Other Shares & Deposits 107,572
  TOTAL SHARES & DEPOSITS 3,368,624
  TOTAL LIABILITIES 3,383,529
 Regular Reserve 122,744
 Other Reserves 0
 Undivided Earnings 450,971
  TOTAL EQUITY 573,715
  TOTAL LIABILITIES, SHARES, & EQUITY 3,957,244
INCOME & EXPENSE  
 Loan Income 81,599
 Investment Income 11,440
 Other Income 9,085
 Total Employee Compensation & Benefits 29,729
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 44,740
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 8,900
 Cost of Funds 14,391
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 4,256
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