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 |
| 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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