POST OFFICE CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.pocu.com for more information.
Dec, 31, 2023 — POST OFFICE CREDIT UNION is a federally insured state chartered credit union headquartered in MADISON, WI with 1 branch location and about $34.75 million in total assets. Opened 94 years ago in 1930, POST OFFICE CREDIT UNION has about 2,973 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | POST OFFICE CREDIT UNION |
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Address: (Main Office) | 151 W CORPORATE DR MADISON, WI 53714-2409 |
Phone: | (608) 244-3518 |
Fax: | (608) 244-1107 |
Website: | https://www.pocu.com |
Branches: | 1 branch locations |
Members: | 2,973 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 66491 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1930 |
Last Audited: | Sep 01, 2019 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $34,751,696 |
CEO/Manager: | Kevin A Yaeger |
Chairperson: | James A Wolff |
ASSETS: | $ Amount |
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Cash & Equivalents | 12,817,894 |
TOTAL INVESTMENTS | 1,742,833 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,465,097 |
Unsecured Loans | 187,982 |
Other Loans | 13,906,515 |
TOTAL LOANS | 15,559,594 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -73,972 |
Land And Building | 577,158 |
Other Fixed Assets | 56,957 |
NCUSIF Deposit | 248,015 |
All Other Assets | 3,823,217 |
TOTAL ASSETS | 34,751,696 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 779,043 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,045,871 |
Regular shares | 11,865,809 |
All Other Shares & Deposits | 12,528,828 |
TOTAL SHARES & DEPOSITS | 27,440,508 |
TOTAL LIABILITIES | 28,219,551 |
Regular Reserve | 1,500,000 |
Other Reserves | 0 |
Undivided Earnings | 5,032,145 |
TOTAL EQUITY | 6,532,145 |
TOTAL LIABILITIES, SHARES, & EQUITY | 34,751,696 |
INCOME & EXPENSE | |
Loan Income | 161,483 |
Investment Income | 8,817 |
Other Income | 11,354 |
Total Employee Compensation & Benefits | 244,916 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 357,243 |
Non-operating Income & (Expense) | -59,954 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -66,510 |
Cost of Funds | 650,100 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -1,055,467 |
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