Dec, 31, 2023 — BATON ROUGE CITY PARISH EMP FEDERAL CREDIT UNION is a federal credit union headquartered in BATON ROUGE, LA with 1 branch location and about $55.03 million in total assets. Opened 75 years ago in 1949, BATON ROUGE CITY PARISH EMP FEDERAL CREDIT UNION has about 5,941 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | BATON ROUGE CITY PARISH EMP FEDERAL CREDIT UNION |
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Address: (Main Office) | 433 Government St BATON ROUGE, LA 70802-6114 |
Phone: | (225) 389-3059 |
Fax: | (225) 389-5448 |
Website: | https://www.brcpefcu.org |
Branches: | 1 branch locations |
Members: | 5,941 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 6339 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1949 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $55,030,852 |
CEO/Manager: | Doris B Richardson |
Chairperson: | Mark LeBlanc |
ASSETS: | $ Amount |
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Cash & Equivalents | 7,308,404 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 948,276 |
Unsecured Loans | 3,471,587 |
Other Loans | 15,634,060 |
TOTAL LOANS | 20,053,923 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -138,166 |
Land And Building | 392,496 |
Other Fixed Assets | 68,163 |
NCUSIF Deposit | 466,574 |
All Other Assets | 0 |
TOTAL ASSETS | 55,030,852 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 579,744 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 6,344,637 |
Regular shares | 36,899,866 |
All Other Shares & Deposits | 764,738 |
TOTAL SHARES & DEPOSITS | 44,009,241 |
TOTAL LIABILITIES | 44,588,985 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 10,441,867 |
TOTAL EQUITY | 10,441,867 |
TOTAL LIABILITIES, SHARES, & EQUITY | 55,030,852 |
INCOME & EXPENSE | |
Loan Income | 996,164 |
Investment Income | 1,478,864 |
Other Income | 449,272 |
Total Employee Compensation & Benefits | 855,559 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,216,926 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 380,210 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 819,008 |
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