Dec, 31, 2021 — POPA FEDERAL CREDIT UNION is a federal credit union headquartered in CERRITOS, CA with 4 branch locations and about $356.36 million in total assets. Opened 44 years ago in 1978, POPA FEDERAL CREDIT UNION has about 19,888 members and employs 51 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: | http://www.popafcu.org |
Branches: | 4 branch locations |
Members: | 19,888 |
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: | $356,362,479 |
CEO/Manager: | Raymond Bartus |
Chairperson: | Terry Black |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 49,560,313 |
TOTAL INVESTMENTS | 88,251,978 |
Loans Held for Sale | 0 |
Real Estate Loans | 82,211,978 |
Unsecured Loans | 32,182,022 |
Other Loans | 94,184,953 |
TOTAL LOANS | 208,578,953 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,118,344 |
Land And Building | 1,728,855 |
Other Fixed Assets | 742,474 |
NCUSIF Deposit | 3,018,736 |
All Other Assets | 5,599,514 |
TOTAL ASSETS | 356,362,479 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,348,302 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 58,123,994 |
Regular shares | 173,728,892 |
All Other Shares & Deposits | 87,792,167 |
TOTAL SHARES & DEPOSITS | 319,645,053 |
TOTAL LIABILITIES | 321,993,355 |
Regular Reserve | 4,687,428 |
Other Reserves | -1,137,034 |
Undivided Earnings | 30,818,730 |
TOTAL EQUITY | 34,369,124 |
TOTAL LIABILITIES, SHARES, & EQUITY | 356,362,479 |
INCOME & EXPENSE | |
Loan Income | 9,375,299 |
Investment Income | 895,225 |
Other Income | 684,863 |
Total Employee Compensation & Benefits | 5,658,921 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 5,299,020 |
Non-operating Income & (Expense) | 75,972 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -462,521 |
Cost of Funds | 742,205 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 2,153,708 |
↑ Back to Top |