PATTERSON PUMP FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — PATTERSON PUMP FEDERAL CREDIT UNION is a federal credit union headquartered in Toccoa, GA with 1 branch location and about $2.31 million in total assets. Opened 48 years ago in 1976, PATTERSON PUMP FEDERAL CREDIT UNION has about 336 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PATTERSON PUMP FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | P O Box 790 Toccoa, GA 30577 |
| Phone: | (706) 297-2833 |
| Fax: | (706) 886-0023 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 336 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 22299 |
|---|---|
| Membership Type: | Manufacturing - Machinery |
| Corporate Credit Union: | No |
| Year Opened: | 1976 |
| Last Audited: | Jun 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,308,514 |
| CEO/Manager: | Mary S Weaver |
| Chairperson: | Douglas M Wayne II |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 669,538 |
| TOTAL INVESTMENTS | 950,500 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 74,099 |
| Other Loans | 612,490 |
| TOTAL LOANS | 686,589 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -17,399 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 19,286 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,308,514 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 43,043 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,963,250 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 1,963,250 |
| TOTAL LIABILITIES | 2,006,293 |
| Regular Reserve | 49,804 |
| Other Reserves | 0 |
| Undivided Earnings | 252,417 |
| TOTAL EQUITY | 302,221 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,308,514 |
| INCOME & EXPENSE | |
| Loan Income | 61,400 |
| Investment Income | 17,772 |
| Other Income | 357 |
| Total Employee Compensation & Benefits | 78,017 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 60,241 |
| Non-operating Income & (Expense) | 467 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,000 |
| Cost of Funds | 150,967 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -212,229 |
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