PARTNERS FINANCIAL FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.partnersffcu.org for more information.
Dec, 31, 2023 — PARTNERS FINANCIAL FEDERAL CREDIT UNION is a federal credit union headquartered in Glen Allen, VA with 4 branch locations and about $97.28 million in total assets. Opened 66 years ago in 1958, PARTNERS FINANCIAL FEDERAL CREDIT UNION has about 8,142 members and employs 24 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | PARTNERS FINANCIAL FEDERAL CREDIT UNION |
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Address: (Main Office) | 1200 New York Ave Glen Allen, VA 23060 |
Phone: | (804) 649-2957 |
Fax: | (804) 261-0554 |
Website: | https://www.partnersffcu.org |
Branches: | 4 branch locations |
Members: | 8,142 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 12456 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1958 |
Last Audited: | Sep 01, 2020 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $97,281,432 |
CEO/Manager: | Johnna C Muncy |
Chairperson: | Lacy Whittaker |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,810,115 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 16,795,093 |
Unsecured Loans | 5,641,865 |
Other Loans | 40,646,973 |
TOTAL LOANS | 63,083,931 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -94,236 |
Land And Building | 1,857,511 |
Other Fixed Assets | 1,023,143 |
NCUSIF Deposit | 832,781 |
All Other Assets | 0 |
TOTAL ASSETS | 97,281,432 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 6,500,000 |
Accounts Payable & Other Liabilities | 270,075 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 20,027,915 |
Regular shares | 46,365,097 |
All Other Shares & Deposits | 17,725,552 |
TOTAL SHARES & DEPOSITS | 84,118,564 |
TOTAL LIABILITIES | 90,888,639 |
Regular Reserve | 0 |
Other Reserves | -729,978 |
Undivided Earnings | 7,122,771 |
TOTAL EQUITY | 6,392,793 |
TOTAL LIABILITIES, SHARES, & EQUITY | 97,281,432 |
INCOME & EXPENSE | |
Loan Income | 1,774,326 |
Investment Income | 280,684 |
Other Income | 298,170 |
Total Employee Compensation & Benefits | 1,229,696 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,263,037 |
Non-operating Income & (Expense) | 4,420 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -7,528 |
Cost of Funds | 153,527 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 8,105 |
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» See also Statement of Financial Condition