Sep, 30, 2025 — UNION FEDERAL CREDIT UNION is a federal credit union headquartered in FARMERVILLE, LA with 2 branch locations and about $599,424 in total assets. Opened 75 years ago in 1951, UNION FEDERAL CREDIT UNION has about 571 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | UNION FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 802 Martin Luther King Dr FARMERVILLE, LA 71241 |
| Phone: | (318) 368-8175 |
| Fax: | (318) 368-8179 |
| Website: | n/a |
| Branches: | 2 branch locations |
| Members: | 571 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7301 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1951 |
| Last Audited: | Jul 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $599,424 |
| CEO/Manager: | Sonja Johnson Page |
| Chairperson: | Lillie Davis |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 220,933 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 7,389 |
| Other Loans | 136,427 |
| TOTAL LOANS | 143,816 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,221 |
| Land And Building | 0 |
| Other Fixed Assets | 2,946 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 4,350 |
| All Other Assets | 0 |
| TOTAL ASSETS | 599,424 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 7,679 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 443,906 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 443,906 |
| TOTAL LIABILITIES | 451,585 |
| Regular Reserve | 0 |
| Other Reserves | 44,864 |
| Undivided Earnings | 102,975 |
| TOTAL EQUITY | 147,839 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 599,424 |
| INCOME & EXPENSE | |
| Loan Income | 5,438 |
| Investment Income | 6,609 |
| Other Income | 1,160 |
| Total Employee Compensation & Benefits | 18,457 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 9,714 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 147 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -15,111 |
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