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KLAMATH PUBLIC EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2023 — KLAMATH PUBLIC EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Klamath Falls, OR with 1 branch location and about $60.46 million in total assets. Opened 75 years ago in 1949, KLAMATH PUBLIC EMPLOYEES FEDERAL CREDIT UNION has about 5,282 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:KLAMATH PUBLIC EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
3737 Shasta Way
Klamath Falls, OR 97603
Phone:(541) 882-5525
Fax:(541) 884-0653
Website:https://www.kpefcu.com
Branches:1 branch locations
Members:5,282
Credit Union Type:Federal Credit Union
Charter Number:6176
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1949
Last Audited:Jun 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$60,461,958
CEO/Manager:Kevin D Dearing
Chairperson:Scott Renie

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,539,226
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 821,134
 Unsecured Loans 1,734,279
 Other Loans 32,414,970
 TOTAL LOANS 35,767,504
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -31,034
 Land And Building 188,108
 Other Fixed Assets 31,625
 NCUSIF Deposit 531,466
 All Other Assets 0
  TOTAL ASSETS 60,461,958
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 72,648
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 11,130,969
 Regular shares 17,112,468
 All Other Shares & Deposits 26,795,807
  TOTAL SHARES & DEPOSITS 55,039,244
  TOTAL LIABILITIES 55,111,892
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 5,350,066
  TOTAL EQUITY 5,350,066
  TOTAL LIABILITIES, SHARES, & EQUITY 60,461,958
INCOME & EXPENSE  
 Loan Income 866,547
 Investment Income 182,127
 Other Income 120,341
 Total Employee Compensation & Benefits 602,052
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 406,768
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 25,389
 Cost of Funds 23,188
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 302,365
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