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NEW PILGRIM FEDERAL CREDIT UNION

Sep, 30, 2025 — NEW PILGRIM FEDERAL CREDIT UNION is a federal credit union headquartered in BIRMINGHAM, AL with 1 branch location and about $1.22 million in total assets. Opened 61 years ago in 1965, NEW PILGRIM FEDERAL CREDIT UNION has about 565 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:NEW PILGRIM FEDERAL CREDIT UNION
Address:
(Main Office)
641 GOLDWIRE WAY SW
BIRMINGHAM, AL 35211
Phone:(205) 326-3852
Fax:(205) 326-0884
Website:https://www.npfcu.com
Branches:1 branch locations
Members:565
Credit Union Type:Federal Credit Union
Charter Number:16858
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1965
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$1,222,655
CEO/Manager:Curtis L Mitchell
Chairperson:Angela Malone

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 851,896
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 54,531
 Other Loans 311,407
 TOTAL LOANS 365,938
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -30,544
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 14,126
 All Other Assets 0
  TOTAL ASSETS 1,222,655
LIABILITIES & CAPITAL:  
 Dividends Payable 70
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -380
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 96,968
 Regular shares 835,714
 All Other Shares & Deposits 229,467
  TOTAL SHARES & DEPOSITS 1,162,149
  TOTAL LIABILITIES 1,161,839
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 60,816
  TOTAL EQUITY 60,816
  TOTAL LIABILITIES, SHARES, & EQUITY 1,222,655
INCOME & EXPENSE  
 Loan Income 20,934
 Investment Income 1,406
 Other Income 3,795
 Total Employee Compensation & Benefits 0
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 33,900
 Non-operating Income & (Expense) 54,200
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 41,860
 Cost of Funds 951
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,624
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