Dec, 31, 2023 — NEW PILGRIM FEDERAL CREDIT UNION is a federal credit union headquartered in BIRMINGHAM, AL with 1 branch location and about $1.20 million in total assets. Opened 59 years ago in 1965, NEW PILGRIM FEDERAL CREDIT UNION has about 555 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: | 555 |
| 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: | Jun 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,196,634 |
| CEO/Manager: | Curtis L Mitchell |
| Chairperson: | Angela Malone |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 860,804 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 67,787 |
| Other Loans | 265,155 |
| TOTAL LOANS | 332,942 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -31,238 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 14,126 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,196,634 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 70 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -2,777 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 288,397 |
| Regular shares | 641,084 |
| All Other Shares & Deposits | 240,076 |
| TOTAL SHARES & DEPOSITS | 1,169,555 |
| TOTAL LIABILITIES | 1,166,848 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 29,786 |
| TOTAL EQUITY | 29,786 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,196,634 |
| INCOME & EXPENSE | |
| Loan Income | 22,162 |
| Investment Income | 2,276 |
| Other Income | 3,450 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 43,809 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 460 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -16,381 |
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