Sep, 30, 2025 — POLICE FEDERAL CREDIT UNION is a federal credit union headquartered in UPPER MARLBORO, MD with 3 branch locations and about $174.43 million in total assets. Opened 91 years ago in 1935, POLICE FEDERAL CREDIT UNION has about 13,939 members and employs 40 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | POLICE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 9100 Presidential Pkwy UPPER MARLBORO, MD 20772-2658 |
| Phone: | (301) 817-1200 |
| Fax: | (301) 817-1230 |
| Website: | https://www.policefcu.com |
| Branches: | 3 branch locations |
| Members: | 13,939 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 16401 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $174,428,963 |
| CEO/Manager: | Tim Doyle |
| Chairperson: | Danny C Gregg |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,061,767 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 69,734,992 |
| Unsecured Loans | 8,599,501 |
| Other Loans | 37,224,360 |
| TOTAL LOANS | 115,558,853 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,021,000 |
| Land And Building | 5,960,299 |
| Other Fixed Assets | 283,019 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,327,813 |
| All Other Assets | 0 |
| TOTAL ASSETS | 174,428,963 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 185,111 |
| Notes & Interest Payable | 6,344,472 |
| Accounts Payable & Other Liabilities | 976,878 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 21,680,248 |
| Regular shares | 42,506,355 |
| All Other Shares & Deposits | 80,157,396 |
| TOTAL SHARES & DEPOSITS | 144,344,001 |
| TOTAL LIABILITIES | 151,850,462 |
| Regular Reserve | 0 |
| Other Reserves | -2,383,008 |
| Undivided Earnings | 24,961,509 |
| TOTAL EQUITY | 22,578,501 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 174,428,963 |
| INCOME & EXPENSE | |
| Loan Income | 4,269,570 |
| Investment Income | 825,269 |
| Other Income | 1,694,183 |
| Total Employee Compensation & Benefits | 2,440,015 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,174,246 |
| Non-operating Income & (Expense) | 28,512 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 46,769 |
| Cost of Funds | 1,974,378 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 307,997 |
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