Dec, 31, 2022 — STS PETER & PAUL FEDERAL CREDIT UNION is a federal credit union headquartered in BROOKLYN, NY with 1 branch location and about $859,533 in total assets. Opened 55 years ago in 1968, STS PETER & PAUL FEDERAL CREDIT UNION has about 130 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | STS PETER & PAUL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 89 S 10th St BROOKLYN, NY 11249-7013 |
| Phone: | (917) 279-0050 |
| Fax: | (718) 388-0714 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 130 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18823 |
|---|---|
| Membership Type: | Associational - Religious, other than those designated 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1968 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $859,533 |
| CEO/Manager: | Wilfredo Negron |
| Chairperson: | David Cordero |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 344,118 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 21,991 |
| Other Loans | 0 |
| TOTAL LOANS | 21,991 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -5,000 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 9,804 |
| All Other Assets | 0 |
| TOTAL ASSETS | 859,533 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 6,018 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 601,254 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 601,254 |
| TOTAL LIABILITIES | 607,272 |
| Regular Reserve | 0 |
| Other Reserves | 56,000 |
| Undivided Earnings | 196,261 |
| TOTAL EQUITY | 252,261 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 859,533 |
| INCOME & EXPENSE | |
| Loan Income | 2,445 |
| Investment Income | 3,248 |
| Other Income | 35 |
| Total Employee Compensation & Benefits | 4,500 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,424 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 20,829 |
| Cost of Funds | 0 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -22,025 |
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