QUAD CITIES POSTAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.qcpcu.com for more information.
Dec, 31, 2023 — QUAD CITIES POSTAL CREDIT UNION is a federally insured state chartered credit union headquartered in Moline, IL with 1 branch location and about $8.22 million in total assets. Opened 86 years ago in 1938, QUAD CITIES POSTAL CREDIT UNION has about 710 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | QUAD CITIES POSTAL CREDIT UNION |
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Address: (Main Office) | 4502 27th St Moline, IL 61265-6311 |
Phone: | (309) 797-1414 |
Fax: | (309) 797-9884 |
Website: | https://www.qcpcu.com |
Branches: | 1 branch locations |
Members: | 710 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 60535 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1938 |
Last Audited: | Jun 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $8,216,000 |
CEO/Manager: | Seth J Guss-Bell |
Chairperson: | Ronald Stagg |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,960,366 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,192,545 |
Unsecured Loans | 527,961 |
Other Loans | 1,232,090 |
TOTAL LOANS | 2,952,596 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -47,992 |
Land And Building | 263,914 |
Other Fixed Assets | 46,737 |
NCUSIF Deposit | 75,798 |
All Other Assets | 0 |
TOTAL ASSETS | 8,216,000 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 42,334 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,161,330 |
Regular shares | 4,242,091 |
All Other Shares & Deposits | 1,415,176 |
TOTAL SHARES & DEPOSITS | 7,818,597 |
TOTAL LIABILITIES | 7,860,931 |
Regular Reserve | 0 |
Other Reserves | 152,499 |
Undivided Earnings | 202,570 |
TOTAL EQUITY | 355,069 |
TOTAL LIABILITIES, SHARES, & EQUITY | 8,216,000 |
INCOME & EXPENSE | |
Loan Income | 156,776 |
Investment Income | 24,697 |
Other Income | 39,794 |
Total Employee Compensation & Benefits | 88,440 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 382,223 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 5,626 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -235,657 |
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