Dec, 31, 2023 — TEAMSTERS LOCAL UNION #270 FEDERAL CREDIT UNION is a federal credit union headquartered in NEW ORLEANS, LA with 1 branch location and about $920,417 in total assets. Opened 53 years ago in 1971, TEAMSTERS LOCAL UNION #270 FEDERAL CREDIT UNION has about 500 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TEAMSTERS LOCAL UNION #270 FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 701 Elysian Fields Ave NEW ORLEANS, LA 70117 |
| Phone: | (504) 945-3152 |
| Fax: | (504) 945-0003 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 500 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 20550 |
|---|---|
| Membership Type: | Service - Transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1971 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $920,417 |
| CEO/Manager: | Murial Harris |
| Chairperson: | Stephen Sorrell |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 288,460 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 171,781 |
| Other Loans | 0 |
| TOTAL LOANS | 171,781 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -5,495 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 10,294 |
| All Other Assets | 0 |
| TOTAL ASSETS | 920,417 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,107 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 806,728 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 806,728 |
| TOTAL LIABILITIES | 807,835 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 112,582 |
| TOTAL EQUITY | 112,582 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 920,417 |
| INCOME & EXPENSE | |
| Loan Income | 31,202 |
| Investment Income | 7,987 |
| Other Income | 2,403 |
| Total Employee Compensation & Benefits | 16,200 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 16,503 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 0 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 8,889 |
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