Dec, 31, 2023 — XAVIER UNIVERSITY FEDERAL CREDIT UNION is a federal credit union headquartered in NEW ORLEANS, LA with 1 branch location and about $1.61 million in total assets. Opened 65 years ago in 1959, XAVIER UNIVERSITY FEDERAL CREDIT UNION has about 402 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | XAVIER UNIVERSITY FEDERAL CREDIT UNION |
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Address: (Main Office) | 909 S Norman C Francis Pkwy Rm 401 NEW ORLEANS, LA 70125-1256 |
Phone: | (504) 520-7640 |
Fax: | (504) 520-7913 |
Website: | https://www.xula.edu |
Branches: | 1 branch locations |
Members: | 402 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 12748 |
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Membership Type: | Educational |
Corporate Credit Union: | No |
Year Opened: | 1959 |
Last Audited: | Dec 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,614,915 |
CEO/Manager: | Joyce Sandifer |
Chairperson: | Dennis Sigur |
ASSETS: | $ Amount |
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Cash & Equivalents | 733,169 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 217,807 |
Other Loans | 435,122 |
TOTAL LOANS | 652,929 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -70,083 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 15,137 |
All Other Assets | 0 |
TOTAL ASSETS | 1,614,915 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 526 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,455,006 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,455,006 |
TOTAL LIABILITIES | 1,455,532 |
Regular Reserve | 0 |
Other Reserves | 28,079 |
Undivided Earnings | 131,304 |
TOTAL EQUITY | 159,383 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,614,915 |
INCOME & EXPENSE | |
Loan Income | 38,341 |
Investment Income | 32,416 |
Other Income | 1,169 |
Total Employee Compensation & Benefits | 9,050 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 19,796 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 97,617 |
Cost of Funds | 4,963 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -59,280 |
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