Dec, 31, 2021 — C-F LA. CREDIT UNION is a federally insured state chartered credit union headquartered in DONALDSONVILLE, LA with 1 branch location and about $10.45 million in total assets. Opened 45 years ago in 1977, C-F LA. CREDIT UNION has about 1,210 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) | 39018 HIGHWAY 3089 DONALDSONVILLE, LA 70346 |
| Phone: | (225) 473-0331 |
| Fax: | (225) 473-5549 |
| Website: | http://www.cflacu.com |
| Branches: | 1 branch locations |
| Members: | 1,210 |
| 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, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $10,451,502 |
| CEO/Manager: | DANA C MITCHELL |
| Chairperson: | DUANE LEE |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,050,687 |
| TOTAL INVESTMENTS | 5,216,000 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 247,440 |
| Other Loans | 3,855,675 |
| TOTAL LOANS | 4,103,115 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -13,708 |
| Land And Building | 0 |
| Other Fixed Assets | 1,676 |
| NCUSIF Deposit | 85,015 |
| All Other Assets | 8,717 |
| TOTAL ASSETS | 10,451,502 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 4,682 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 9,203,394 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 9,203,394 |
| TOTAL LIABILITIES | 9,208,076 |
| Regular Reserve | 199,049 |
| Other Reserves | 0 |
| Undivided Earnings | 1,044,377 |
| TOTAL EQUITY | 1,243,426 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 10,451,502 |
| INCOME & EXPENSE | |
| Loan Income | 147,144 |
| Investment Income | 11,727 |
| Other Income | 3,387 |
| Total Employee Compensation & Benefits | 116,116 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 61,492 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -3,049 |
| Cost of Funds | 20,113 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -32,414 |
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