2020-02-07T10:21:18-05:00 2019-12-31 990 2019-01-01 720440119 FEDERAL EMPLOYEES CREDIT UNION % SHARON HESTER FEDE 3183873215 P O BOX 5006 MONROE LA 71211 SHARON HESTER MANAGER 3183873215 2020-02-07 false 2019 2022-09-23 18:48:47Z SHARON HESTER P O BOX 5006 MONROE LA 71211 1000461 false X X Credit Union 1942 LA STATE CHARTERED CREDIT UNION THAT SERVES MEMBERS IN THE 712 ZIP CODE AREA. 7 7 5 10 0 0 0 0 0 0 65789 125693 933509 874768 999298 1000461 0 0 0 0 350558 361360 0 0 0 425581 401402 776139 762762 223159 237699 18358094 18949240 131065 80671 18227029 18868569 STATE CHARTERED CREDIT UNION THAT SERVES MEMBERS IN THE 712 ZIP CODE AREA. false false 0 0 1000461 SERVE MEMBERS IN THE 712 ZIP CODE AREA 0 false false false false false false false false false true false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 5 true false false false false false 0 0 false X 7 7 false false false false true true true true true false false false false false true true true false LA X FEDERAL EMPLOYEES CREDIT UNION 3183873215 416 Sheridan Ave Monroe LA 712015128 SHARON HESTER MANAGER 40.00 0.00 X X 105827 0 0 105827 0 0 1 false false false 0 0 0 0 0 0 0 0 0 125693 125693 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Credit Unions 522130 732450 732450 0 0 Credit Unions 522130 142318 142318 0 0 874768 1000461 1000461 0 0 105827 0 0 0 0 0 0 0 186313 0 0 0 26514 0 0 0 19103 0 0 0 23603 0 0 0 0 0 0 0 -130 0 0 0 21599 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1750 0 0 0 29908 0 0 0 101735 0 0 0 0 0 0 0 23060 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22117 0 0 0 12271 0 0 0 DIVIDENDS PAID TO MEMBERS 100957 0 0 0 PROVISION FOR LOAN LOSSES 40000 0 0 0 PROFESSIONAL AND OUTSIDE SERVICES 25696 0 0 0 ALL OTHER EXPENSES 13439 0 0 0 9000 0 0 0 762762 0 0 0 233449 229931 5368438 6575793 0 0 12296581 11701823 0 0 0 0 0 0 0 0 13498 13448 701202 435776 287542 265426 0 0 0 0 0 0 0 0 158586 162819 18358094 18949240 131065 80671 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 131065 80671 X 12363097 12766937 5863932 6101632 18227029 18868569 18358094 18949240 X 237699 0 0 0 0 403841 X true X true X true false false false 65000 0 65000 470439 0 279390 191049 0 0 0 0 165763 0 156386 9377 0 0 0 0 265426 1000461 0 0 0 0 0 1000461 0 0 0 1000461 762762 0 0 0 0 0 762762 0 0 0 762762 Part VI, Section A, Line 6 THE CREDIT UNION IS OWNED BY IT'S MEMBERS. Part VI, Section A, Line 7a | Class of the Person:, Nature of their rights:| MEMBERS, THE MEMBERS OF THE CREDIT UNION ELECT THE BOARD OF DIRECTORS.| Part VI, Section A, Line 7b | Class of the Person:, Decisions that require their approval:, Nature of their rights:| MEMBERS, CERTAIN ACTIONS MUST HAVE APPROVAL BY THE CREDIT UNION MEMBERSHIP., EACH MEMBER HAS ONE VOTE.| Part VI, Section B, Line 11a IT IS AVAILABLE UPON REQUEST. Part VI, Section B, Line 11b THE BOARD OF DIRECTORS MEET MONTHLY AND REVIEW THE FINANCIAL INFORMATION OF THE CREDIT UNION. Part VI, Section B, Line 15 | Name of the Person:, The process used to establish compensation of the person who served in:|, The year in which this process was last undertaken:| MANAGER, THE MANAGER IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS., 2019| BOARD MEMBERS, ALL BOARD MEMBERS ARE VOLUNTEERS AND DO NOT RECEIVE COMPENSATION., 1942| Part VI, Section C, Line 19 A FINANCIAL STATEMENT IS POSTED IN THE LOBBY EACH MONTH. AN ANNUAL REPORT IS GIVEN TO THE MEMBERS AT THE ANNUAL MEETING THAT IS HELD EACH YEAR. Part XI, Line 9 | Description:, Explanation:, Amount:| SHARE ACCOUNT INCREASES, SHARE ACCOUNT BALANCES INCREASED FROM PRIOR YEAR, $403841|