At Tangipahoa Parish Teachers, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. Our commitment to providing a safe and reliable banking experience is backed by solid financial performance and strategic management. With a
net worth of $11,201,040, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our
net worth ratio of 3685 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through
$5,176,505 in share certificates, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at
$12,129, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With
$9,654,948 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 robust; we have
$16,407,871 in total loans and leases available to support your financial goals across various sectors. Currently, we hold
53 used auto loans, demonstrating our commitment to helping members purchase vehicles. Our operational efficiency is reflected in our overall income. Although our
net income is $0, it showcases our dedication to maintaining a sustainable operation for the benefit of our members rather than maximizing profit margins. We also take pride in having
6 full-time employees and
1 part-time employee, ensuring our branches are always ready to serve you with a knowledgeable and committed team. The total share accounts at
3,816 show a strong and growing member base that trusts us with their finances. Our net shares (funds available for lending and investments) stand at
$739,914, indicating that we are well-equipped to meet your needs now and into the future. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Tangipahoa Parish Teachers is your trusted partner. Visit us at
411 E Oak St Amite LA 70422 or call
985-748-5132 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.