Jun, 30, 2024 — STATE AGENCIES FEDERAL CREDIT UNION is a federal credit union headquartered in SHREVEPORT, LA with 1 branch location and about $10.94 million in total assets. Opened 73 years ago in 1952, STATE AGENCIES FEDERAL CREDIT UNION has about 746 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | STATE AGENCIES FEDERAL CREDIT UNION |
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Address: (Main Office) | 1525 Fairfield Ave SHREVEPORT, LA 71101 |
Phone: | (318) 676-5113 |
Fax: | (318) 676-5116 |
Website: | https://www.stateagenciesfcu.com |
Branches: | 1 branch locations |
Members: | 746 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 8006 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1952 |
Last Audited: | Sep 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $10,940,184 |
CEO/Manager: | WILLIAM H TUTTLE |
Chairperson: | Ronald Kay |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,726,496 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 774,582 |
Unsecured Loans | 712,144 |
Other Loans | 2,880,207 |
TOTAL LOANS | 4,366,933 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,076 |
Land And Building | 0 |
Other Fixed Assets | 34 |
NCUSIF Deposit | 79,609 |
All Other Assets | 0 |
TOTAL ASSETS | 10,940,184 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 663 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,155,654 |
Regular shares | 5,944,803 |
All Other Shares & Deposits | 932,845 |
TOTAL SHARES & DEPOSITS | 8,033,302 |
TOTAL LIABILITIES | 8,033,965 |
Regular Reserve | 0 |
Other Reserves | 185,060 |
Undivided Earnings | 2,721,159 |
TOTAL EQUITY | 2,906,219 |
TOTAL LIABILITIES, SHARES, & EQUITY | 10,940,184 |
INCOME & EXPENSE | |
Loan Income | 227,110 |
Investment Income | 37,443 |
Other Income | 33,092 |
Total Employee Compensation & Benefits | 147,047 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 65,208 |
Non-operating Income & (Expense) | 360 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 19,098 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 66,652 |
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