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PARISHIONERS FEDERAL CREDIT UNION

Mar, 31, 2022 — PARISHIONERS FEDERAL CREDIT UNION is a federal credit union headquartered in TORRANCE, CA with 1 branch location and about $51.57 million in total assets. Opened 61 years ago in 1961, PARISHIONERS FEDERAL CREDIT UNION has about 2,690 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PARISHIONERS FEDERAL CREDIT UNION
Address:
(Main Office)
2355 Crenshaw Blvd Ste 100
TORRANCE, CA 90501
Phone:(310) 320-4588
Fax:(310) 320-2405
Website:http://www.parishionersfcu.org
Branches:1 branch locations
Members:2,690
Credit Union Type:Federal Credit Union
Charter Number:14650
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1961
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$51,566,957
CEO/Manager:Janet S Reimer
Chairperson:Thomas Wynne

Call Report

  • Credit Builder
  • Payday Alternative Loans (PAL Loans)
  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 8,076,404
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 3,053,387
 Unsecured Loans 1,453,937
 Other Loans 7,028,384
 TOTAL LOANS 11,535,708
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -63,185
 Land And Building 0
 Other Fixed Assets 56,988
 NCUSIF Deposit 407,649
 All Other Assets 0
  TOTAL ASSETS 51,566,957
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 112,048
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 15,643,271
 Regular shares 21,277,001
 All Other Shares & Deposits 11,554,828
  TOTAL SHARES & DEPOSITS 48,475,100
  TOTAL LIABILITIES 48,587,148
 Regular Reserve 0
 Other Reserves 248,917
 Undivided Earnings 2,730,892
  TOTAL EQUITY 2,979,809
  TOTAL LIABILITIES, SHARES, & EQUITY 51,566,957
INCOME & EXPENSE  
 Loan Income 108,223
 Investment Income 103,176
 Other Income 25,254
 Total Employee Compensation & Benefits 103,652
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 182,086
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 15,500
 Cost of Funds 7,466
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -47,879
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