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PMI EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2021 — PMI EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Washington, DC with 1 branch location and about $334,892 in total assets. Opened 55 years ago in 1966, PMI EMPLOYEES FEDERAL CREDIT UNION has about 89 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:89
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:$334,892
CEO/Manager:Matthew Hebb
Chairperson:James Blondell

Call Report

  • Risk Based Loans

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 126,092
TOTAL INVESTMENTS 103,263
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 112,835
 Other Loans 0
 TOTAL LOANS 112,835
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -13,491
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 4,433
 All Other Assets 1,760
  TOTAL ASSETS 334,892
LIABILITIES & CAPITAL:  
 Dividends Payable 1,620
 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 241,019
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 241,019
  TOTAL LIABILITIES 244,998
 Regular Reserve 25,909
 Other Reserves 0
 Undivided Earnings 63,985
  TOTAL EQUITY 89,894
  TOTAL LIABILITIES, SHARES, & EQUITY 334,892
INCOME & EXPENSE  
 Loan Income 1,879
 Investment Income 30
 Other Income 0
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,211
 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 540
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -9,358
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