At St. Tammany, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We understand that in today's economic climate, you want to know your finances are in capable hands. That's why we are committed to maintaining a robust financial foundation that can weather any storm. With a
net worth of $6,829,716, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This solid net worth reflects our dedication to prudent management and long-term sustainability. Our
net worth ratio of $1,511 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Such strength means you can trust us with your savings and investments. Members' savings are secured through
$5,162,286 in share certificates and
$1,376,124 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at
$0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With
$5,912,481 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is further evidenced by
$1,438 in used auto loans and
$34,200,587 in total loans and leases; this supports our members' financial goals across various sectors. Our operational efficiency is highlighted by our
$-67,548 figure, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having
21 full-time employees and
0 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments):
$271,605. Additionally, we have built a strong community with
13,305 total share accounts. This shows that more members trust us with their finances every day. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, St. Tammany is your trusted partner. Visit us at 28199 Highway 190 Lacombe La 70445 or call (985) 643-1237 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at:
https://www.ncua.gov , based on the latest results.