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PMI EMPLOYEES FEDERAL CREDIT UNION

Jun, 30, 2021 — PMI EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Washington, DC with 1 branch location and about $306,252 in total assets. Opened 55 years ago in 1966, PMI EMPLOYEES FEDERAL CREDIT UNION has about 82 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PMI EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
1725 Desales St NW
Washington, DC 20036
Phone:(202) 785-9191
Fax:
Website:n/a
Branches:1 branch locations
Members:82
Credit Union Type:Federal Credit Union
Charter Number:17691
Membership Type:Service - Transportation
Corporate Credit Union:No
Year Opened:1966
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$306,252
CEO/Manager:Matthew Hebb
Chairperson:James Blondell

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 114,496
TOTAL INVESTMENTS 103,263
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 98,599
 Other Loans 0
 TOTAL LOANS 98,599
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -13,472
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 2,487
 All Other Assets 879
  TOTAL ASSETS 306,252
LIABILITIES & CAPITAL:  
 Dividends Payable 2,160
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,359
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 211,605
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 211,605
  TOTAL LIABILITIES 216,124
 Regular Reserve 25,909
 Other Reserves 0
 Undivided Earnings 64,219
  TOTAL EQUITY 90,128
  TOTAL LIABILITIES, SHARES, & EQUITY 306,252
INCOME & EXPENSE  
 Loan Income 3,163
 Investment Income 60
 Other Income 0
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,391
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 9,516
 Cost of Funds 1,080
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -9,124
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