Mar, 31, 2021 — PARISHIONERS FEDERAL CREDIT UNION is a federal credit union headquartered in Torrance, CA with 1 branch location and about $52.93 million in total assets. Opened 60 years ago in 1961, PARISHIONERS FEDERAL CREDIT UNION has about 2,871 members and employs 7 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: | 2,871 |
| 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, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $52,930,524 |
| CEO/Manager: | Mark Marderness |
| Chairperson: | Thomas Wynne |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 9,257,140 |
| TOTAL INVESTMENTS | 29,926,818 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,257,423 |
| Unsecured Loans | 1,928,620 |
| Other Loans | 6,996,878 |
| TOTAL LOANS | 13,182,921 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -67,331 |
| Land And Building | 0 |
| Other Fixed Assets | 57,809 |
| NCUSIF Deposit | 407,649 |
| All Other Assets | 165,518 |
| TOTAL ASSETS | 52,930,524 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 91,956 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -1,776 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 15,929,693 |
| Regular shares | 21,110,218 |
| All Other Shares & Deposits | 11,690,116 |
| TOTAL SHARES & DEPOSITS | 48,730,027 |
| TOTAL LIABILITIES | 48,820,207 |
| Regular Reserve | 1,144,847 |
| Other Reserves | 120,798 |
| Undivided Earnings | 2,844,672 |
| TOTAL EQUITY | 4,110,317 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 52,930,524 |
| INCOME & EXPENSE | |
| Loan Income | 148,836 |
| Investment Income | 71,628 |
| Other Income | 28,510 |
| Total Employee Compensation & Benefits | 145,143 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 168,731 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,906 |
| Cost of Funds | 13,055 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -57,025 |
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