Dec, 31, 2020 — PADUCAH TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in Paducah, KY with 1 branch location and about $12.23 million in total assets. Opened 64 years ago in 1957, PADUCAH TEACHERS FEDERAL CREDIT UNION has about 1,206 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: | PADUCAH TEACHERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO Box 2550 Paducah, KY 42002 |
| Phone: | (270) 444-5638 |
| Fax: | (270) 444-5701 |
| Website: | http://www.paducahteachersfcu.org |
| Branches: | 1 branch locations |
| Members: | 1,206 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11955 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Jun 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $12,231,717 |
| CEO/Manager: | Sarah V Smith |
| Chairperson: | Arthur F Davis |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 565,889 |
| TOTAL INVESTMENTS | 174,602 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 2,384,859 |
| Other Loans | 8,102,241 |
| TOTAL LOANS | 11,177,854 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -78,196 |
| Land And Building | 200,552 |
| Other Fixed Assets | 17,021 |
| NCUSIF Deposit | 89,442 |
| All Other Assets | 84,553 |
| TOTAL ASSETS | 12,231,717 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 33,841 |
| Notes & Interest Payable | 284,562 |
| Accounts Payable & Other Liabilities | -37,669 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 490,694 |
| Regular shares | 5,292,621 |
| All Other Shares & Deposits | 4,630,993 |
| TOTAL SHARES & DEPOSITS | 10,414,308 |
| TOTAL LIABILITIES | 10,695,042 |
| Regular Reserve | 187,185 |
| Other Reserves | 0 |
| Undivided Earnings | 1,349,490 |
| TOTAL EQUITY | 1,536,675 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 12,231,717 |
| INCOME & EXPENSE | |
| Loan Income | 658,969 |
| Investment Income | 2,492 |
| Other Income | 53,095 |
| Total Employee Compensation & Benefits | 187,893 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 201,809 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 45,768 |
| Cost of Funds | 196,591 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 82,495 |
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