Mar, 31, 2022 — ACADIAN FEDERAL CREDIT UNION is a federal credit union headquartered in LAFAYETTE, LA with 1 branch location and about $20.05 million in total assets. Opened 72 years ago in 1950, ACADIAN FEDERAL CREDIT UNION has about 3,330 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ACADIAN FEDERAL CREDIT UNION |
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Address: (Main Office) | 102 Sunbeam Ln LAFAYETTE, LA 70506-1521 |
Phone: | (337) 233-6744 |
Fax: | (337) 233-4874 |
Website: | http://www.acadianfcu.org |
Branches: | 1 branch locations |
Members: | 3,330 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 6898 |
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Membership Type: | Multiple common bond - Primarily transportation |
Corporate Credit Union: | No |
Year Opened: | 1950 |
Last Audited: | Jun 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $20,054,954 |
CEO/Manager: | Sandra C Williams |
Chairperson: | Bennett Dugas |
ASSETS: | $ Amount |
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Cash & Equivalents | 5,565,442 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 2,182,102 |
Unsecured Loans | 913,426 |
Other Loans | 7,102,612 |
TOTAL LOANS | 10,198,140 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -20,814 |
Land And Building | 507,268 |
Other Fixed Assets | 19,296 |
NCUSIF Deposit | 165,833 |
All Other Assets | 0 |
TOTAL ASSETS | 20,054,954 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 67,558 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,115,276 |
Regular shares | 10,471,550 |
All Other Shares & Deposits | 4,915,621 |
TOTAL SHARES & DEPOSITS | 18,502,447 |
TOTAL LIABILITIES | 18,570,005 |
Regular Reserve | 0 |
Other Reserves | 397,181 |
Undivided Earnings | 1,087,768 |
TOTAL EQUITY | 1,484,949 |
TOTAL LIABILITIES, SHARES, & EQUITY | 20,054,954 |
INCOME & EXPENSE | |
Loan Income | 119,418 |
Investment Income | 4,061 |
Other Income | 48,284 |
Total Employee Compensation & Benefits | 78,030 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 109,660 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,000 |
Cost of Funds | 4,697 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -2,619 |
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