Dec, 31, 2020 — ALLIED PLASTICS FEDERAL CREDIT UNION is a federal credit union headquartered in Baton Rouge, LA with 0 branch location and about $25.64 million in total assets. Opened 64 years ago in 1957, ALLIED PLASTICS FEDERAL CREDIT UNION has about 1,715 members and employs 3 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 |
|---|---|
| Address: (Main Office) | 12841 Scenic Hwy Baton Rouge, LA 70807 |
| Phone: | (225) 775-1082 |
| Fax: | (225) 775-1151 |
| Website: | http://apfcu.net |
| Branches: | 0 branch locations |
| Members: | 1,715 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11906 |
|---|---|
| Membership Type: | Multiple common bond - Primarily chemical |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Apr 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $25,643,882 |
| CEO/Manager: | Cindy B Lee |
| Chairperson: | William Whittington Jr. |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,420,181 |
| TOTAL INVESTMENTS | 9,689,429 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,759,071 |
| Unsecured Loans | 1,507,843 |
| Other Loans | 8,088,728 |
| TOTAL LOANS | 11,355,642 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -67,595 |
| Land And Building | 44,161 |
| Other Fixed Assets | 13,228 |
| NCUSIF Deposit | 187,669 |
| All Other Assets | 1,167 |
| TOTAL ASSETS | 25,643,882 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 42,279 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 28,204 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,250,368 |
| Regular shares | 7,923,154 |
| All Other Shares & Deposits | 13,513,288 |
| TOTAL SHARES & DEPOSITS | 22,686,810 |
| TOTAL LIABILITIES | 22,757,293 |
| Regular Reserve | 500,000 |
| Other Reserves | -220,545 |
| Undivided Earnings | 2,607,134 |
| TOTAL EQUITY | 2,886,589 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 25,643,882 |
| INCOME & EXPENSE | |
| Loan Income | 706,798 |
| Investment Income | 181,229 |
| Other Income | 163,875 |
| Total Employee Compensation & Benefits | 286,243 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 300,288 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 56,705 |
| Cost of Funds | 315,571 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 93,095 |
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