Dec, 31, 2023 — SOUTH LOUISIANA HIGHWAY FEDERAL CREDIT UNION is a federal credit union headquartered in BRIDGE CITY, LA with 0 branch location and about $5.93 million in total assets. Opened 63 years ago in 1961, SOUTH LOUISIANA HIGHWAY FEDERAL CREDIT UNION has about 688 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: | SOUTH LOUISIANA HIGHWAY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1440 Highway 90 W BRIDGE CITY, LA 70094-3566 |
| Phone: | (504) 437-3146 |
| Fax: | (504) 437-3145 |
| Website: | n/a |
| Branches: | 0 branch locations |
| Members: | 688 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 14421 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Oct 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,934,645 |
| CEO/Manager: | Fred C Stentz |
| Chairperson: | Scott Boyle |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,128,858 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 401,440 |
| Other Loans | 1,347,361 |
| TOTAL LOANS | 1,748,802 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -136,533 |
| Land And Building | 3,216 |
| Other Fixed Assets | 2,599 |
| NCUSIF Deposit | 44,800 |
| All Other Assets | 0 |
| TOTAL ASSETS | 5,934,645 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 20,565 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,137,495 |
| All Other Shares & Deposits | 1,960,028 |
| TOTAL SHARES & DEPOSITS | 4,097,524 |
| TOTAL LIABILITIES | 4,118,089 |
| Regular Reserve | 0 |
| Other Reserves | 190,000 |
| Undivided Earnings | 1,626,556 |
| TOTAL EQUITY | 1,816,556 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,934,645 |
| INCOME & EXPENSE | |
| Loan Income | 158,235 |
| Investment Income | 124,097 |
| Other Income | 2,707 |
| Total Employee Compensation & Benefits | 111,320 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 59,550 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,700 |
| Cost of Funds | 39,149 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 72,750 |
| ↑ Back to Top | |