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LES FEDERAL CREDIT UNION

Sep, 30, 2025 — LES FEDERAL CREDIT UNION is a federal credit union headquartered in BATON ROUGE, LA with 2 branch locations and about $44.58 million in total assets. Opened 76 years ago in 1950, LES FEDERAL CREDIT UNION has about 4,918 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LES FEDERAL CREDIT UNION
Address:
(Main Office)
950 N 22nd St Ste C
BATON ROUGE, LA 70802
Phone:(225) 342-3288
Fax:(225) 342-3289
Website:https://www.lesfcu.com
Branches:2 branch locations
Members:4,918
Credit Union Type:Federal Credit Union
Charter Number:6584
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1950
Last Audited:Jun 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$44,583,608
CEO/Manager:Jackie Patin
Chairperson:Lawrence A White

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,540,590
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 3,655,685
 Unsecured Loans 3,151,505
 Other Loans 14,973,449
 TOTAL LOANS 21,780,639
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -337,668
 Land And Building 836,100
 Other Fixed Assets 123,812
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 354,222
 All Other Assets 3,182
  TOTAL ASSETS 44,583,608
LIABILITIES & CAPITAL:  
 Dividends Payable 197,520
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 344,162
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,695,283
 Regular shares 22,818,305
 All Other Shares & Deposits 9,172,796
  TOTAL SHARES & DEPOSITS 38,686,384
  TOTAL LIABILITIES 39,228,066
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 5,355,542
  TOTAL EQUITY 5,355,542
  TOTAL LIABILITIES, SHARES, & EQUITY 44,583,608
INCOME & EXPENSE  
 Loan Income 1,088,102
 Investment Income 705,240
 Other Income 124,415
 Total Employee Compensation & Benefits 635,834
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 675,765
 Non-operating Income & (Expense) -8,970
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 66,347
 Cost of Funds 328,177
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 261,635
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