Dec, 31, 2023 — BARTON PLANT EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in LULING, LA with 1 branch location and about $16.87 million in total assets. Opened 66 years ago in 1958, BARTON PLANT EMPLOYEES FEDERAL CREDIT UNION has about 1,626 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BARTON PLANT EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 12501 River Rd LULING, LA 70070 |
| Phone: | (985) 785-3350 |
| Fax: | (985) 785-2088 |
| Website: | https://www.bartonfcu.com |
| Branches: | 1 branch locations |
| Members: | 1,626 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12292 |
|---|---|
| Membership Type: | Multiple common bond - Primarily chemical |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Apr 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $16,869,711 |
| CEO/Manager: | Christine Ockmond |
| Chairperson: | Timothy j Charles |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 302,983 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 423,171 |
| Unsecured Loans | 2,316,266 |
| Other Loans | 7,504,383 |
| TOTAL LOANS | 10,243,820 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,281 |
| Land And Building | 0 |
| Other Fixed Assets | 102,726 |
| NCUSIF Deposit | 151,926 |
| All Other Assets | 0 |
| TOTAL ASSETS | 16,869,711 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,951 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 542,187 |
| Regular shares | 11,218,433 |
| All Other Shares & Deposits | 428,781 |
| TOTAL SHARES & DEPOSITS | 12,189,401 |
| TOTAL LIABILITIES | 12,192,352 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 4,677,359 |
| TOTAL EQUITY | 4,677,359 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 16,869,711 |
| INCOME & EXPENSE | |
| Loan Income | 568,621 |
| Investment Income | 201,499 |
| Other Income | 73,834 |
| Total Employee Compensation & Benefits | 226,238 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 392,422 |
| Non-operating Income & (Expense) | 84,057 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,232 |
| Cost of Funds | 31,236 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 282,917 |
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