Sep, 30, 2025 — KRAFTMAN FEDERAL CREDIT UNION is a federal credit union headquartered in BASTROP, LA with 2 branch locations and about $132.90 million in total assets. Opened 73 years ago in 1953, KRAFTMAN FEDERAL CREDIT UNION has about 6,682 members and employs 26 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | KRAFTMAN FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 805 E Cypress Ave BASTROP, LA 71220-3912 |
| Phone: | (318) 281-2804 |
| Fax: | (318) 281-3551 |
| Website: | https://www.kraftmanfcu.com |
| Branches: | 2 branch locations |
| Members: | 6,682 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8530 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Jun 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $132,903,137 |
| CEO/Manager: | Barbara H Andrews |
| Chairperson: | Todd P Spear Jr |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 10,116,510 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 11,250,936 |
| Unsecured Loans | 2,144,725 |
| Other Loans | 34,482,579 |
| TOTAL LOANS | 47,878,240 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -79,370 |
| Land And Building | 5,662,711 |
| Other Fixed Assets | 140,810 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,052,144 |
| All Other Assets | 25,329 |
| TOTAL ASSETS | 132,903,137 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 66 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 484,265 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 17,452,328 |
| Regular shares | 60,306,930 |
| All Other Shares & Deposits | 38,611,667 |
| TOTAL SHARES & DEPOSITS | 116,370,925 |
| TOTAL LIABILITIES | 116,855,256 |
| Regular Reserve | 0 |
| Other Reserves | -4,242,829 |
| Undivided Earnings | 20,290,710 |
| TOTAL EQUITY | 16,047,881 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 132,903,137 |
| INCOME & EXPENSE | |
| Loan Income | 2,095,100 |
| Investment Income | 1,637,812 |
| Other Income | 527,291 |
| Total Employee Compensation & Benefits | 1,354,621 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,166,951 |
| Non-operating Income & (Expense) | 22,795 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 70,505 |
| Cost of Funds | 1,319,943 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 370,978 |
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