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IMMACULATE HEART OF MARY CREDIT UNION

Jun, 30, 2021 — IMMACULATE HEART OF MARY CREDIT UNION is a federally insured state chartered credit union headquartered in Lafayette, LA with 1 branch location and about $671,474 in total assets. Opened 79 years ago in 1942, IMMACULATE HEART OF MARY CREDIT UNION has about 373 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:IMMACULATE HEART OF MARY CREDIT UNION
Address:
(Main Office)
P.O. Box 93156
Lafayette, LA 70509
Phone:(337) 593-0591
Fax:(337) 593-0592
Website:n/a
Branches:1 branch locations
Members:373
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:63143
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1942
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$671,474
CEO/Manager:Carol A Gaines
Chairperson:J. Cedric Dauphin

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 120,474
TOTAL INVESTMENTS 352,634
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 5,548
 Other Loans 188,831
 TOTAL LOANS 194,379
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,554
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 4,667
 All Other Assets 874
  TOTAL ASSETS 671,474
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 619
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 458,827
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 458,827
  TOTAL LIABILITIES 459,446
 Regular Reserve 64,734
 Other Reserves 0
 Undivided Earnings 147,294
  TOTAL EQUITY 212,028
  TOTAL LIABILITIES, SHARES, & EQUITY 671,474
INCOME & EXPENSE  
 Loan Income 3,176
 Investment Income 2,799
 Other Income 2
 Total Employee Compensation & Benefits 3,424
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 4,238
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -1,685
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