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C-F LA. CREDIT UNION

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

Call Report

Financial Summary

» See also Statement of Financial Condition
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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