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ALLIED PLASTICS FEDERAL CREDIT UNION

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.


ABA Routing Number: 265473281
Name:ALLIED PLASTICS FEDERAL CREDIT UNION
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
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.

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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