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ALLIED PLASTICS FEDERAL CREDIT UNION

Mar, 31, 2021 — ALLIED PLASTICS FEDERAL CREDIT UNION is a federal credit union headquartered in Baton Rouge, LA with 0 branch location and about $25.59 million in total assets. Opened 64 years ago in 1957, ALLIED PLASTICS FEDERAL CREDIT UNION has about 1,716 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.


ABA Routing Number: 265473281
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:1,716
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:$25,592,021
CEO/Manager:Cindy B Lee
Chairperson:William Whittington Jr.

Call Report

  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,496,216
TOTAL INVESTMENTS 9,638,429
Loans Held for Sale 0
 
 Real Estate Loans 1,650,319
 Unsecured Loans 1,468,863
 Other Loans 8,242,817
 TOTAL LOANS 11,361,999
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -69,283
 Land And Building 42,091
 Other Fixed Assets 10,578
 NCUSIF Deposit 187,669
 All Other Assets -75,678
  TOTAL ASSETS 25,592,021
LIABILITIES & CAPITAL:  
 Dividends Payable 38,455
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 28,508
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,438,388
 Regular shares 8,349,399
 All Other Shares & Deposits 12,903,971
  TOTAL SHARES & DEPOSITS 22,691,758
  TOTAL LIABILITIES 22,758,721
 Regular Reserve 500,000
 Other Reserves -294,786
 Undivided Earnings 2,628,086
  TOTAL EQUITY 2,833,300
  TOTAL LIABILITIES, SHARES, & EQUITY 25,592,021
INCOME & EXPENSE  
 Loan Income 171,765
 Investment Income 37,571
 Other Income 22,369
 Total Employee Compensation & Benefits 68,388
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 78,513
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,509
 Cost of Funds 64,958
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 20,952
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