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SOUTHEAST LOUISIANA VETERANS HEALTH FEDERAL CREDIT UNION

Dec, 31, 2023 — SOUTHEAST LOUISIANA VETERANS HEALTH FEDERAL CREDIT UNION is a federal credit union headquartered in NEW ORLEANS, LA with 1 branch location and about $2.79 million in total assets. Opened 76 years ago in 1948, SOUTHEAST LOUISIANA VETERANS HEALTH FEDERAL CREDIT UNION has about 912 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SOUTHEAST LOUISIANA VETERANS HEALTH FEDERAL CREDIT UNION
Address:
(Main Office)
2400 Canal St Ste 1Q130
NEW ORLEANS, LA 70119
Phone:(504) 507-5009
Fax:(504) 507-7536
Website:https://www.slvhcsfcu.com
Branches:1 branch locations
Members:912
Credit Union Type:Federal Credit Union
Charter Number:5839
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1948
Last Audited:Sep 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$2,788,630
CEO/Manager:Deborah M Nabauns
Chairperson:Christopher Williams

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 244,840
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 467,937
 Other Loans 1,970,551
 TOTAL LOANS 2,438,490
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -23,013
 Land And Building 0
 Other Fixed Assets 205
 NCUSIF Deposit 23,133
 All Other Assets 0
  TOTAL ASSETS 2,788,630
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,576
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,501,119
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,501,120
  TOTAL LIABILITIES 2,503,696
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 284,934
  TOTAL EQUITY 284,934
  TOTAL LIABILITIES, SHARES, & EQUITY 2,788,630
INCOME & EXPENSE  
 Loan Income 181,124
 Investment Income 11,169
 Other Income 23,189
 Total Employee Compensation & Benefits 118,772
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 88,676
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 830
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 7,889
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