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ST. MARY PARISH SCHOOL EMP. FEDERAL CREDIT UNION

Dec, 31, 2023 — ST. MARY PARISH SCHOOL EMP. FEDERAL CREDIT UNION is a federal credit union headquartered in FRANKLIN, LA with 1 branch location and about $447,502 in total assets. Opened 48 years ago in 1976, ST. MARY PARISH SCHOOL EMP. FEDERAL CREDIT UNION has about 285 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ST. MARY PARISH SCHOOL EMP. FEDERAL CREDIT UNION
Address:
(Main Office)
1401 Cynthia St
FRANKLIN, LA 70538-3703
Phone:(337) 828-0143
Fax:(337) 828-0184
Website:n/a
Branches:1 branch locations
Members:285
Credit Union Type:Federal Credit Union
Charter Number:22417
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1976
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$447,502
CEO/Manager:Fallon N Mitchell
Chairperson:JBertrand Ina

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 299,549
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 145,812
 Other Loans 0
 TOTAL LOANS 145,812
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -5,416
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 3,529
 All Other Assets 0
  TOTAL ASSETS 447,502
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,742
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 359,878
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 359,878
  TOTAL LIABILITIES 361,620
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 85,882
  TOTAL EQUITY 85,882
  TOTAL LIABILITIES, SHARES, & EQUITY 447,502
INCOME & EXPENSE  
 Loan Income 17,712
 Investment Income 8,492
 Other Income 1,557
 Total Employee Compensation & Benefits 7,148
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 10,404
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 824
 Cost of Funds 769
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 8,616
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