Dec, 31, 2023 — PINEY HILLS FEDERAL CREDIT UNION is a federal credit union headquartered in SIMSBORO, LA with 1 branch location and about $2.82 million in total assets. Opened 54 years ago in 1970, PINEY HILLS FEDERAL CREDIT UNION has about 368 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | PINEY HILLS FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 2735 Martha St SIMSBORO, LA 71275 |
Phone: | (318) 247-8077 |
Fax: | (318) 247-8050 |
Website: | https://www.pineyhillsfcu.org |
Branches: | 1 branch locations |
Members: | 368 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 20415 |
---|---|
Membership Type: | Multiple common bond - Primarily other manufacturing |
Corporate Credit Union: | No |
Year Opened: | 1970 |
Last Audited: | Aug 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,820,683 |
CEO/Manager: | Shelia A Gilmore |
Chairperson: | Payton R Mayfield |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 779,409 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 215,650 |
Other Loans | 902,250 |
TOTAL LOANS | 1,117,900 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -15,457 |
Land And Building | 10,200 |
Other Fixed Assets | 106 |
NCUSIF Deposit | 25,372 |
All Other Assets | 0 |
TOTAL ASSETS | 2,820,683 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,408 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 330,926 |
Regular shares | 2,038,613 |
All Other Shares & Deposits | 24,258 |
TOTAL SHARES & DEPOSITS | 2,393,797 |
TOTAL LIABILITIES | 2,396,205 |
Regular Reserve | 0 |
Other Reserves | 79,633 |
Undivided Earnings | 344,845 |
TOTAL EQUITY | 424,478 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,820,683 |
INCOME & EXPENSE | |
Loan Income | 96,825 |
Investment Income | 36,174 |
Other Income | 31,234 |
Total Employee Compensation & Benefits | 125,920 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 71,323 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,000 |
Cost of Funds | 2,141 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -38,437 |
↑ Back to Top |