MCNEESE FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.mcneesecu.com for more information.
Dec, 31, 2023 — MCNEESE FEDERAL CREDIT UNION is a federal credit union headquartered in Lake Charles, LA with 1 branch location and about $17.83 million in total assets. Opened 66 years ago in 1958, MCNEESE FEDERAL CREDIT UNION has about 1,127 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MCNEESE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | P.O. Box 90740 Lake Charles, LA 70609 |
| Phone: | (337) 475-5344 |
| Fax: | (337) 475-5129 |
| Website: | https://www.mcneesecu.com |
| Branches: | 1 branch locations |
| Members: | 1,127 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12571 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Mar 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $17,825,861 |
| CEO/Manager: | Ron G Cobb |
| Chairperson: | Larry R DeRouen |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,692,371 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 347,613 |
| Other Loans | 2,257,287 |
| TOTAL LOANS | 2,604,900 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -18,858 |
| Land And Building | 0 |
| Other Fixed Assets | 3,954 |
| NCUSIF Deposit | 151,129 |
| All Other Assets | 0 |
| TOTAL ASSETS | 17,825,861 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 36,814 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,219,893 |
| Regular shares | 12,774,750 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 15,994,643 |
| TOTAL LIABILITIES | 16,031,457 |
| Regular Reserve | 0 |
| Other Reserves | 390,578 |
| Undivided Earnings | 1,403,826 |
| TOTAL EQUITY | 1,794,404 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 17,825,861 |
| INCOME & EXPENSE | |
| Loan Income | 32,542 |
| Investment Income | 33,325 |
| Other Income | 5,063 |
| Total Employee Compensation & Benefits | 98,531 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 127,631 |
| Non-operating Income & (Expense) | -32,806 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 1,576 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -186,607 |
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