Dec, 31, 2023 — ALLIED PLASTICS FEDERAL CREDIT UNION is a federal credit union headquartered in ZACHARY, LA with 0 branch location and about $21.26 million in total assets. Opened 67 years ago in 1957, ALLIED PLASTICS FEDERAL CREDIT UNION has about 1,661 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: | ALLIED PLASTICS FEDERAL CREDIT UNION |
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Address: (Main Office) | 1700 E Mount Pleasant Rd ZACHARY, LA 70791-5919 |
Phone: | (225) 775-1082 |
Fax: | (225) 775-1151 |
Website: | https://apfcu.net |
Branches: | 0 branch locations |
Members: | 1,661 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11906 |
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Membership Type: | Multiple common bond - Primarily chemical |
Corporate Credit Union: | No |
Year Opened: | 1957 |
Last Audited: | Apr 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $21,259,571 |
CEO/Manager: | Joan M Rushing |
Chairperson: | William Whittington Jr. |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,524,613 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 758,859 |
Unsecured Loans | 1,443,764 |
Other Loans | 9,289,387 |
TOTAL LOANS | 11,829,839 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -54,712 |
Land And Building | 0 |
Other Fixed Assets | 9,428 |
NCUSIF Deposit | 194,785 |
All Other Assets | 0 |
TOTAL ASSETS | 21,259,571 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 37,878 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 26,539 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,006,213 |
Regular shares | 7,231,135 |
All Other Shares & Deposits | 9,304,958 |
TOTAL SHARES & DEPOSITS | 17,542,306 |
TOTAL LIABILITIES | 17,606,723 |
Regular Reserve | 0 |
Other Reserves | -65,197 |
Undivided Earnings | 3,718,045 |
TOTAL EQUITY | 3,652,848 |
TOTAL LIABILITIES, SHARES, & EQUITY | 21,259,571 |
INCOME & EXPENSE | |
Loan Income | 677,522 |
Investment Income | 258,062 |
Other Income | 98,936 |
Total Employee Compensation & Benefits | 145,108 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 380,565 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 22,999 |
Cost of Funds | 283,324 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 226,014 |
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