PANHANDLE EDUCATORS FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.pefcu.org for more information.
Sep, 30, 2025 — PANHANDLE EDUCATORS FEDERAL CREDIT UNION is a federal credit union headquartered in Panama City, FL with 6 branch locations and about $263.23 million in total assets. Opened 69 years ago in 1957, PANHANDLE EDUCATORS FEDERAL CREDIT UNION has about 13,872 members and employs 54 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PANHANDLE EDUCATORS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2718 Martin Luther King Jr Blvd Panama City, FL 32405-4408 |
| Phone: | (850) 769-3306 |
| Fax: | (850) 769-8660 |
| Website: | https://www.pefcu.org |
| Branches: | 6 branch locations |
| Members: | 13,872 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11804 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Sep 01, 2019 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $263,226,517 |
| CEO/Manager: | Justin Hall |
| Chairperson: | Herman G Daniels |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 87,167,672 |
| TOTAL INVESTMENTS | 42,963,994 |
| Loans Held for Sale | 351,489 |
| Real Estate Loans | 69,076,266 |
| Unsecured Loans | 5,620,373 |
| Other Loans | 47,778,743 |
| TOTAL LOANS | 123,106,344 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,648,995 |
| Land And Building | 7,442,035 |
| Other Fixed Assets | 1,050,680 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,018,156 |
| All Other Assets | 775,142 |
| TOTAL ASSETS | 263,226,517 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,456,076 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 68,911,914 |
| Regular shares | 97,250,737 |
| All Other Shares & Deposits | 61,603,090 |
| TOTAL SHARES & DEPOSITS | 227,765,741 |
| TOTAL LIABILITIES | 231,221,817 |
| Regular Reserve | 1,724,461 |
| Other Reserves | 394,251 |
| Undivided Earnings | 29,885,988 |
| TOTAL EQUITY | 32,004,700 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 263,226,517 |
| INCOME & EXPENSE | |
| Loan Income | 4,457,372 |
| Investment Income | 958,495 |
| Other Income | 2,478,524 |
| Total Employee Compensation & Benefits | 2,567,466 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,848,143 |
| Non-operating Income & (Expense) | 51,044 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 380,000 |
| Cost of Funds | 470,636 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,679,190 |
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