Jefferson Financial Federal Credit Union

Organization Overview

Jefferson Financial Federal Credit Union is located in Metairie, LA. The organization was established in 2017. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2015, Jefferson Financial Federal Credit Union employed 175 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jefferson Financial Federal Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2015

Describe the Organization's Mission:

Part 3 - Line 1

"HELPING MEMBERS ACHIEVE THEIR FINANCIAL SUCCESS" BY PROVIDING TO THEM FINANCIAL SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WE OFFER BOTH SAVINGS AND CHECKING ACCOUNTS TO OUR MEMBERS WITH NO MONTHLY SERVICE CHARGES. THE SHARE SAVINGS ACCOUNTS REPRESENTS THE MEMBER'S OWNERSHIP SHARE OF THE CREDIT UNION.


WE GIVE OUR MEMBERS THE OPPORTUNITY TO SAVE THROUGH THE PURCHASE OF CERTIFICATES OF DEPOSIT WHICH RANGE FROM 6 MONTHS TO 5 YEARS IN TERM WITH A MINIMUM REQUIRED DEPOSIT OF $1,000.


GIVING THE OPPORTUNITY FOR OUR MEMBERS TO PURCHASE HOMES BY PROVIDING MORTGAGES AND SECURED FINANCING FOR OTHER CONSUMER PURCHASES, SUCH AS USED VEHICLES AND CREDIT CARDS.


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Board, Officers & Key Employees

Name (title)Compensation
Susan Bloom
Vice Chairman
$0
Lloyd J Clark
Director
$0
Barbara Duplantis
Director
$0
George Horne
Director
$0
Feleciano Mendoza Jr
Chairman
$0
Sharon Wegner
Treasurer
$1,886

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$18,026,560
Investment income $238,772
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$5,926
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $24,511,023

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