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STS PETER & PAUL FEDERAL CREDIT UNION

Jun, 30, 2021 — STS PETER & PAUL FEDERAL CREDIT UNION is a federal credit union headquartered in Brooklyn, NY with 1 branch location and about $1.27 million in total assets. Opened 53 years ago in 1968, STS PETER & PAUL FEDERAL CREDIT UNION has about 197 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:197
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:$1,273,234
CEO/Manager:Wilfredo Negron
Chairperson:David Cordero

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 133,932
TOTAL INVESTMENTS 1,076,253
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 71,245
 Other Loans 0
 TOTAL LOANS 71,245
 (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 9,804
 All Other Assets 0
  TOTAL ASSETS 1,273,234
LIABILITIES & CAPITAL:  
 Dividends Payable 1,167
 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 973,677
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 973,677
  TOTAL LIABILITIES 974,844
 Regular Reserve 27,000
 Other Reserves 42,941
 Undivided Earnings 228,449
  TOTAL EQUITY 298,390
  TOTAL LIABILITIES, SHARES, & EQUITY 1,273,234
INCOME & EXPENSE  
 Loan Income 4,310
 Investment Income 923
 Other Income 85
 Total Employee Compensation & Benefits 4,440
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 7,870
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 18,555
 Cost of Funds 1,167
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -26,714
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