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 |
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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 |
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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 |
ASSETS: | $ Amount |
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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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