Dec, 31, 2023 — UNION FEDERAL CREDIT UNION is a federal credit union headquartered in FARMERVILLE, LA with 2 branch locations and about $703,738 in total assets. Opened 73 years ago in 1951, UNION FEDERAL CREDIT UNION has about 571 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | UNION FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 802 Martin Luther King Dr FARMERVILLE, LA 71241 |
Phone: | (318) 368-8175 |
Fax: | (318) 368-8179 |
Website: | n/a |
Branches: | 2 branch locations |
Members: | 571 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 7301 |
---|---|
Membership Type: | Multiple common bond - other |
Corporate Credit Union: | No |
Year Opened: | 1951 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $703,738 |
CEO/Manager: | Sonja Johnson Page |
Chairperson: | Marcus Watley |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 314,395 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 3,887 |
Other Loans | 150,651 |
TOTAL LOANS | 154,537 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,221 |
Land And Building | 0 |
Other Fixed Assets | 2,947 |
NCUSIF Deposit | 5,342 |
All Other Assets | 0 |
TOTAL ASSETS | 703,738 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 91 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 4,754 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 515,519 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 515,519 |
TOTAL LIABILITIES | 520,364 |
Regular Reserve | 0 |
Other Reserves | 44,864 |
Undivided Earnings | 138,510 |
TOTAL EQUITY | 183,374 |
TOTAL LIABILITIES, SHARES, & EQUITY | 703,738 |
INCOME & EXPENSE | |
Loan Income | 12,035 |
Investment Income | 3,450 |
Other Income | 11 |
Total Employee Compensation & Benefits | 24,294 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 12,381 |
Non-operating Income & (Expense) | 7,207 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 358 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -14,330 |
↑ Back to Top |