Jun, 30, 2024 — ALLIED PLASTICS FEDERAL CREDIT UNION is a federal credit union headquartered in ZACHARY, LA with 0 branch location and about $24.86 million in total assets. Opened 68 years ago in 1957, ALLIED PLASTICS FEDERAL CREDIT UNION has about 1,661 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ALLIED PLASTICS FEDERAL CREDIT UNION |
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Address: (Main Office) | 1700 E Mount Pleasant Rd ZACHARY, LA 70791-5919 |
Phone: | (225) 775-1082 |
Fax: | (225) 775-1151 |
Website: | https://apfcu.net |
Branches: | 0 branch locations |
Members: | 1,661 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11906 |
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Membership Type: | Multiple common bond - Primarily chemical |
Corporate Credit Union: | No |
Year Opened: | 1957 |
Last Audited: | Apr 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $24,855,995 |
CEO/Manager: | Joan M Rushing |
Chairperson: | William Whittington Jr. |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,112,687 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 903,060 |
Unsecured Loans | 1,416,753 |
Other Loans | 8,698,898 |
TOTAL LOANS | 11,503,859 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -45,644 |
Land And Building | 0 |
Other Fixed Assets | 20,306 |
NCUSIF Deposit | 221,452 |
All Other Assets | 0 |
TOTAL ASSETS | 24,855,995 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 32,649 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 38,363 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,775,987 |
Regular shares | 8,865,103 |
All Other Shares & Deposits | 10,932,970 |
TOTAL SHARES & DEPOSITS | 21,574,060 |
TOTAL LIABILITIES | 21,645,072 |
Regular Reserve | 0 |
Other Reserves | 234,115 |
Undivided Earnings | 2,976,808 |
TOTAL EQUITY | 3,210,923 |
TOTAL LIABILITIES, SHARES, & EQUITY | 24,855,995 |
INCOME & EXPENSE | |
Loan Income | 497,682 |
Investment Income | 107,991 |
Other Income | 78,462 |
Total Employee Compensation & Benefits | 217,725 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 230,922 |
Non-operating Income & (Expense) | 139,481 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -13,112 |
Cost of Funds | 139,862 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 248,219 |
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