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C-F LA. CREDIT UNION

Dec, 31, 2023 — C-F LA. CREDIT UNION is a federally insured state chartered credit union headquartered in DONALDSONVILLE, LA with 1 branch location and about $7.70 million in total assets. Opened 47 years ago in 1977, C-F LA. CREDIT UNION has about 1,198 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:C-F LA. CREDIT UNION
Address:
(Main Office)
39018 HIGHWAY 3089
DONALDSONVILLE, LA 70346
Phone:(225) 473-0331
Fax:(225) 473-5549
Website:https://www.cflacu.com
Branches:1 branch locations
Members:1,198
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:63851
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1977
Last Audited:Sep 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$7,698,850
CEO/Manager:DANA C MITCHELL
Chairperson:DUANE LEE

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 337,986
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 275,525
 Other Loans 3,912,579
 TOTAL LOANS 4,188,104
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -15,467
 Land And Building 0
 Other Fixed Assets 4,463
 NCUSIF Deposit 82,878
 All Other Assets 0
  TOTAL ASSETS 7,698,850
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 6,722
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 6,458,847
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 6,458,847
  TOTAL LIABILITIES 6,465,569
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,233,281
  TOTAL EQUITY 1,233,281
  TOTAL LIABILITIES, SHARES, & EQUITY 7,698,850
INCOME & EXPENSE  
 Loan Income 183,909
 Investment Income 46,032
 Other Income 3,277
 Total Employee Compensation & Benefits 126,626
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 83,880
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 623
 Cost of Funds 11,454
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 10,635
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