Mar, 31, 2022 — TRIBORO POSTAL FEDERAL CREDIT UNION is a federal credit union headquartered in FLUSHING, NY with 2 branch locations and about $121.17 million in total assets. Opened 87 years ago in 1935, TRIBORO POSTAL FEDERAL CREDIT UNION has about 4,016 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: | TRIBORO POSTAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 14202 20th Ave FLUSHING, NY 11351-3000 |
| Phone: | (718) 961-7585 |
| Fax: | (718) 359-0433 |
| Website: | http://www.tpfcu.net |
| Branches: | 2 branch locations |
| Members: | 4,016 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 119 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $121,165,892 |
| CEO/Manager: | Bernadette Summa |
| Chairperson: | Janine Davidson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,113,051 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 11,953,219 |
| Unsecured Loans | 2,863,971 |
| Other Loans | 1,657,259 |
| TOTAL LOANS | 16,474,449 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -90,398 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 992,303 |
| All Other Assets | 0 |
| TOTAL ASSETS | 121,165,892 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 33,043 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,465,266 |
| Regular shares | 52,037,974 |
| All Other Shares & Deposits | 48,583,524 |
| TOTAL SHARES & DEPOSITS | 105,086,764 |
| TOTAL LIABILITIES | 105,119,807 |
| Regular Reserve | 0 |
| Other Reserves | -3,500,658 |
| Undivided Earnings | 19,546,743 |
| TOTAL EQUITY | 16,046,085 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 121,165,892 |
| INCOME & EXPENSE | |
| Loan Income | 178,237 |
| Investment Income | 417,202 |
| Other Income | 27,246 |
| Total Employee Compensation & Benefits | 170,603 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 182,658 |
| 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 | 200,251 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 184,953 |
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