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C-F LA. CREDIT UNION

Jun, 30, 2021 — C-F LA. CREDIT UNION is a federally insured state chartered credit union headquartered in DONALDSONVILLE, LA with 1 branch location and about $9.79 million in total assets. Opened 44 years ago in 1977, C-F LA. CREDIT UNION has about 1,206 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:C-F LA. CREDIT UNION
Address:
(Main Office)
PO BOX 468
DONALDSONVILLE, LA 70346
Phone:(225) 473-0331
Fax:(225) 473-5549
Website:http://www.cflacu.com
Branches:1 branch locations
Members:1,206
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:63851
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1977
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$9,791,249
CEO/Manager:DANA C MITCHELL
Chairperson:DUANE LEE

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,057,279
TOTAL INVESTMENTS 4,481,000
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 265,177
 Other Loans 3,899,256
 TOTAL LOANS 4,164,433
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -14,006
 Land And Building 0
 Other Fixed Assets 2,113
 NCUSIF Deposit 85,014
 All Other Assets 15,416
  TOTAL ASSETS 9,791,249
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 6,089
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 8,526,630
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 8,526,630
  TOTAL LIABILITIES 8,532,719
 Regular Reserve 199,049
 Other Reserves 0
 Undivided Earnings 1,059,481
  TOTAL EQUITY 1,258,530
  TOTAL LIABILITIES, SHARES, & EQUITY 9,791,249
INCOME & EXPENSE  
 Loan Income 74,473
 Investment Income 5,545
 Other Income 1,619
 Total Employee Compensation & Benefits 57,677
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 31,451
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -2,751
 Cost of Funds 12,570
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -17,310
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