Mar, 31, 2021 — STS PETER & PAUL FEDERAL CREDIT UNION is a federal credit union headquartered in Brooklyn, NY with 1 branch location and about $1.31 million in total assets. Opened 53 years ago in 1968, STS PETER & PAUL FEDERAL CREDIT UNION has about 212 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) | 71 South 3rd Street Brooklyn, NY 11249 |
| Phone: | (917) 279-0050 |
| Fax: | (718) 388-0714 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 212 |
| 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: | May 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,308,541 |
| CEO/Manager: | Wilfredo Negron |
| Chairperson: | David Cordero |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 146,677 |
| TOTAL INVESTMENTS | 1,073,954 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 96,006 |
| Other Loans | 0 |
| TOTAL LOANS | 96,006 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -18,000 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 9,904 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,308,541 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,200 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 0 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 987,817 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 987,817 |
| TOTAL LIABILITIES | 989,017 |
| Regular Reserve | 27,000 |
| Other Reserves | 41,232 |
| Undivided Earnings | 251,292 |
| TOTAL EQUITY | 319,524 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,308,541 |
| INCOME & EXPENSE | |
| Loan Income | 1,771 |
| Investment Income | 401 |
| Other Income | 35 |
| Total Employee Compensation & Benefits | 2,220 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,691 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 1,200 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -3,904 |
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