SEWERAGE & WATER BOARD EMPLOYEES Credit Union Profile

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SEWERAGE & WATER BOARD EMPLOYEES

Charter #2056 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (504) 585-2014

Fax:

Founding Date: N/A

Website: http://www.swbfcu.com

Personnel & Operations

President: Ladek, Jr., Joseph

Manager: Taylor, Mindy

FT Employees: 3

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 06

Branches: 1

Hours: 8:00AM - 3:00 PM

Credit Union Profile Summary

SEWERAGE & WATER BOARD EMPLOYEES is a FCU Credit Union. With a total of 1,508 members [1], this institution manages approximately $8,467,289 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 7.49% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -1.96% [1].

Financial Snapshot

Total Assets [1]
$8,467,289

Total economic resources.

Total Loans [1]
$3,660,278

Total value of outstanding loans.

Total Deposits [1]
$7,774,604

Total funds deposited by members.

Members [1]
1,508

Number of active members.

Performance Ratios

Net Worth Ratio [1]
7.49%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.66%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
47.08%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
-0.17%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-1.96%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-5.28%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

625 Saint Joseph St # B13

New Orleans, LA, 70165-6500

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by SEWERAGE & WATER BOARD EMPLOYEES (Charter #2056).

Main Office

Sewerage & Water Board Employees FCU Main Office

Type: Corporate Office

625 Saint Joseph St # B13

New Orleans, LA 70165-6500

Phone: (504) 585-2014

Services: Member Services

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