Dec, 31, 2021 — BATON ROUGE CITY PARISH EMP FEDERAL CREDIT UNION is a federal credit union headquartered in BATON ROUGE, LA with 1 branch location and about $58.55 million in total assets. Opened 73 years ago in 1949, BATON ROUGE CITY PARISH EMP FEDERAL CREDIT UNION has about 6,186 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BATON ROUGE CITY PARISH EMP FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 433 Government St BATON ROUGE, LA 70802-6114 |
| Phone: | (225) 389-3059 |
| Fax: | (225) 389-5448 |
| Website: | http://www.brcpefcu.org |
| Branches: | 1 branch locations |
| Members: | 6,186 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6339 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $58,549,419 |
| CEO/Manager: | Doris B Richardson |
| Chairperson: | Mark LeBlanc |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 10,439,564 |
| TOTAL INVESTMENTS | 27,235,467 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,080,725 |
| Unsecured Loans | 3,678,664 |
| Other Loans | 15,000,617 |
| TOTAL LOANS | 19,760,006 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -169,310 |
| Land And Building | 425,536 |
| Other Fixed Assets | 85,039 |
| NCUSIF Deposit | 476,908 |
| All Other Assets | 296,209 |
| TOTAL ASSETS | 58,549,419 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 176,017 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,937,104 |
| Regular shares | 41,532,449 |
| All Other Shares & Deposits | 610,920 |
| TOTAL SHARES & DEPOSITS | 49,080,473 |
| TOTAL LIABILITIES | 49,256,490 |
| Regular Reserve | 1,000,000 |
| Other Reserves | 0 |
| Undivided Earnings | 8,292,929 |
| TOTAL EQUITY | 9,292,929 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 58,549,419 |
| INCOME & EXPENSE | |
| Loan Income | 870,387 |
| Investment Income | 90,081 |
| Other Income | 377,737 |
| Total Employee Compensation & Benefits | 798,046 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,011,925 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 20,604 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 105,900 |
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