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.
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: | http://apfcu.net |
Branches: | 0 branch locations |
Members: | 1,695 |
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, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $26,048,282 |
CEO/Manager: | Cindy B Lee |
Chairperson: | William Whittington Jr. |
ASSETS: | $ Amount |
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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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