Dec, 31, 2023 — CAMPUS FEDERAL CREDIT UNION is a federal credit union headquartered in BATON ROUGE, LA with 9 branch locations and about $853.90 million in total assets. Opened 90 years ago in 1934, CAMPUS FEDERAL CREDIT UNION has about 43,190 members and employs 180 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CAMPUS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 6230 Perkins Rd BATON ROUGE, LA 70808 |
| Phone: | (225) 769-8841 |
| Fax: | |
| Website: | https://www.campusfederal.org |
| Branches: | 9 branch locations |
| Members: | 43,190 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 79 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1934 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $853,898,193 |
| CEO/Manager: | Jane Verret |
| Chairperson: | Vivian Frey |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 46,982,663 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 281,913,067 |
| Unsecured Loans | 45,167,798 |
| Other Loans | 287,902,085 |
| TOTAL LOANS | 615,200,094 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,606,394 |
| Land And Building | 30,300,712 |
| Other Fixed Assets | 3,189,321 |
| NCUSIF Deposit | 6,869,302 |
| All Other Assets | 68,225 |
| TOTAL ASSETS | 853,898,193 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 633,838 |
| Notes & Interest Payable | 8,000,000 |
| Accounts Payable & Other Liabilities | 5,763,625 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 223,634,871 |
| Regular shares | 196,161,178 |
| All Other Shares & Deposits | 350,483,114 |
| TOTAL SHARES & DEPOSITS | 770,279,164 |
| TOTAL LIABILITIES | 784,676,705 |
| Regular Reserve | 0 |
| Other Reserves | -14,340,996 |
| Undivided Earnings | 83,562,484 |
| TOTAL EQUITY | 69,221,488 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 853,898,193 |
| INCOME & EXPENSE | |
| Loan Income | 28,420,808 |
| Investment Income | 6,638,799 |
| Other Income | 4,941,650 |
| Total Employee Compensation & Benefits | 15,673,336 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 13,397,775 |
| Non-operating Income & (Expense) | 193,349 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,177,027 |
| Cost of Funds | 9,532,565 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 4,607,328 |
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