Sep, 30, 2025 — BARKSDALE FEDERAL CREDIT UNION is a federal credit union headquartered in BOSSIER CITY, LA with 34 branch locations and about $2.37 billion in total assets. Opened 72 years ago in 1954, BARKSDALE FEDERAL CREDIT UNION has about 160,712 members and employs 487 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BARKSDALE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2701 Village Ln BOSSIER CITY, LA 71112 |
| Phone: | (318) 549-8240 |
| Fax: | (318) 549-8211 |
| Website: | https://www.bfcu.org |
| Branches: | 34 branch locations |
| Members: | 160,712 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9589 |
|---|---|
| Membership Type: | Multiple common bond - Primarily military |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,366,132,770 |
| CEO/Manager: | Patrick B Gullatt |
| Chairperson: | Alvin C Oar |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 227,130,726 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 475,366,551 |
| Unsecured Loans | 182,311,318 |
| Other Loans | 731,284,387 |
| TOTAL LOANS | 1,388,962,256 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -16,411,235 |
| Land And Building | 35,043,777 |
| Other Fixed Assets | 4,263,048 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 18,943,225 |
| All Other Assets | 988,686 |
| TOTAL ASSETS | 2,366,132,770 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 460,586 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 28,408,640 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 291,180,443 |
| Regular shares | 859,158,917 |
| All Other Shares & Deposits | 993,142,598 |
| TOTAL SHARES & DEPOSITS | 2,143,481,958 |
| TOTAL LIABILITIES | 2,172,526,184 |
| Regular Reserve | 0 |
| Other Reserves | -16,217,855 |
| Undivided Earnings | 209,824,441 |
| TOTAL EQUITY | 193,606,586 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,366,132,770 |
| INCOME & EXPENSE | |
| Loan Income | 68,666,327 |
| Investment Income | 14,618,553 |
| Other Income | 11,281,797 |
| Total Employee Compensation & Benefits | 28,050,760 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 33,203,125 |
| Non-operating Income & (Expense) | -4,266 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 11,900,000 |
| Cost of Funds | 31,800,841 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 8,089,335 |
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