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POSTCITY FINANCIAL CREDIT UNION

Dec, 31, 2023 — POSTCITY FINANCIAL CREDIT UNION is a non-federally insured state credit union headquartered in LONG BEACH, CA with 3 branch locations and about $77.12 million in total assets. Opened 91 years ago in 1933, POSTCITY FINANCIAL CREDIT UNION has about 4,980 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:POSTCITY FINANCIAL CREDIT UNION
Address:
(Main Office)
3738 Bayer Ave Unit 102
LONG BEACH, CA 90808
Phone:(562) 498-6057
Fax:
Website:https://www.postcitycu.org
Branches:3 branch locations
Members:4,980
Credit Union Type:Non-Federally Insured State Credit Union
Charter Number:86063
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1933
Last Audited:Jun 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$77,122,049
CEO/Manager:Christine Haley
Chairperson:Daniel Mastren

Call Report

  • Credit Builder
  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,562,669
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 13,756,053
 Unsecured Loans 1,926,479
 Other Loans 10,961,903
 TOTAL LOANS 26,644,435
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -92,963
 Land And Building 1,956,356
 Other Fixed Assets 34,793
 NCUSIF Deposit 0
 All Other Assets 0
  TOTAL ASSETS 77,122,049
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 423,856
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 12,514,968
 Regular shares 40,960,448
 All Other Shares & Deposits 14,181,288
  TOTAL SHARES & DEPOSITS 67,656,704
  TOTAL LIABILITIES 68,080,560
 Regular Reserve 0
 Other Reserves 1,827,385
 Undivided Earnings 7,214,104
  TOTAL EQUITY 9,041,489
  TOTAL LIABILITIES, SHARES, & EQUITY 77,122,049
INCOME & EXPENSE  
 Loan Income 1,209,970
 Investment Income 842,686
 Other Income 479,506
 Total Employee Compensation & Benefits 1,200,609
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,194,389
 Non-operating Income & (Expense) -11,127
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 71,084
 Cost of Funds 132,060
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 5,835
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