Dec, 31, 2023 — EAGLE LOUISIANA FEDERAL CREDIT UNION is a federal credit union headquartered in BATON ROUGE, LA with 5 branch locations and about $118.56 million in total assets. Opened 82 years ago in 1942, EAGLE LOUISIANA FEDERAL CREDIT UNION has about 14,038 members and employs 47 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | EAGLE LOUISIANA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2271 College Dr BATON ROUGE, LA 70808-1839 |
| Phone: | (225) 927-1900 |
| Fax: | (225) 927-1960 |
| Website: | https://www.eaglefederal.org |
| Branches: | 5 branch locations |
| Members: | 14,038 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24661 |
|---|---|
| Membership Type: | Multiple common bond - Primarily health care |
| Corporate Credit Union: | No |
| Year Opened: | 1942 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $118,557,708 |
| CEO/Manager: | Jill Brazzle |
| Chairperson: | Anthony Pounders |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,414,880 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 10,549,736 |
| Unsecured Loans | 17,726,326 |
| Other Loans | 71,433,370 |
| TOTAL LOANS | 99,709,432 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,664,411 |
| Land And Building | 4,993,498 |
| Other Fixed Assets | 81,867 |
| NCUSIF Deposit | 1,089,131 |
| All Other Assets | 0 |
| TOTAL ASSETS | 118,557,708 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -1,982,720 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 14,789,814 |
| Regular shares | 56,489,853 |
| All Other Shares & Deposits | 36,156,720 |
| TOTAL SHARES & DEPOSITS | 107,436,387 |
| TOTAL LIABILITIES | 105,460,906 |
| Regular Reserve | 0 |
| Other Reserves | 4,612,585 |
| Undivided Earnings | 8,484,217 |
| TOTAL EQUITY | 13,096,802 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 118,557,708 |
| INCOME & EXPENSE | |
| Loan Income | 5,924,805 |
| Investment Income | 511,281 |
| Other Income | 844,781 |
| Total Employee Compensation & Benefits | 3,415,543 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,473,130 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 454,779 |
| Cost of Funds | 1,161,089 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 960,418 |
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