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ALLIED PLASTICS FEDERAL CREDIT UNION

Dec, 31, 2021 — ALLIED PLASTICS FEDERAL CREDIT UNION is a federal credit union headquartered in ZACHARY, LA with 0 branch location and about $26.05 million in total assets. Opened 65 years ago in 1957, ALLIED PLASTICS FEDERAL CREDIT UNION has about 1,695 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:http://apfcu.net
Branches:0 branch locations
Members:1,695
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$26,048,282
CEO/Manager:Cindy B Lee
Chairperson:William Whittington Jr.

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,902,659
TOTAL INVESTMENTS 9,811,429
Loans Held for Sale 0
 
 Real Estate Loans 1,426,152
 Unsecured Loans 1,552,853
 Other Loans 8,166,970
 TOTAL LOANS 11,145,975
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -56,387
 Land And Building 0
 Other Fixed Assets 11,505
 NCUSIF Deposit 218,659
 All Other Assets 14,442
  TOTAL ASSETS 26,048,282
LIABILITIES & CAPITAL:  
 Dividends Payable 33,660
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 24,534
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,813,910
 Regular shares 9,145,506
 All Other Shares & Deposits 12,077,061
  TOTAL SHARES & DEPOSITS 23,036,477
  TOTAL LIABILITIES 23,094,671
 Regular Reserve 500,000
 Other Reserves -274,980
 Undivided Earnings 2,728,591
  TOTAL EQUITY 2,953,611
  TOTAL LIABILITIES, SHARES, & EQUITY 26,048,282
INCOME & EXPENSE  
 Loan Income 686,484
 Investment Income 135,339
 Other Income 90,345
 Total Employee Compensation & Benefits 326,183
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 321,368
 Non-operating Income & (Expense) -40,124
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -8,729
 Cost of Funds 227,800
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 121,458
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