Jun, 30, 2024 — POPA FEDERAL CREDIT UNION is a federal credit union headquartered in CERRITOS, CA with 4 branch locations and about $352.74 million in total assets. Opened 46 years ago in 1978, POPA FEDERAL CREDIT UNION has about 19,727 members and employs 53 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | POPA FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 13304 Alondra Blvd CERRITOS, CA 90703 |
Phone: | (562) 229-9181 |
Fax: | (562) 207-4402 |
Website: | https://www.popafcu.org |
Branches: | 4 branch locations |
Members: | 19,727 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 23004 |
---|---|
Membership Type: | Multiple common bond - other |
Corporate Credit Union: | No |
Year Opened: | 1978 |
Last Audited: | Sep 01, 2021 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $352,738,149 |
CEO/Manager: | Raymond Bartus |
Chairperson: | Terry Black |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 20,439,030 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 92,901,550 |
Unsecured Loans | 42,204,131 |
Other Loans | 105,290,221 |
TOTAL LOANS | 240,395,902 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,019,107 |
Land And Building | 1,577,469 |
Other Fixed Assets | 1,010,475 |
NCUSIF Deposit | 3,052,219 |
All Other Assets | 0 |
TOTAL ASSETS | 352,738,149 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 4,636,343 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 61,111,037 |
Regular shares | 181,081,319 |
All Other Shares & Deposits | 79,610,724 |
TOTAL SHARES & DEPOSITS | 321,803,080 |
TOTAL LIABILITIES | 326,439,423 |
Regular Reserve | 0 |
Other Reserves | -11,730,840 |
Undivided Earnings | 38,029,566 |
TOTAL EQUITY | 26,298,726 |
TOTAL LIABILITIES, SHARES, & EQUITY | 352,738,149 |
INCOME & EXPENSE | |
Loan Income | 7,875,068 |
Investment Income | 1,100,848 |
Other Income | 637,722 |
Total Employee Compensation & Benefits | 4,167,297 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 4,401,705 |
Non-operating Income & (Expense) | 14,800 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 70,428 |
Cost of Funds | 375,235 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 2,523,409 |
↑ Back to Top |