Sep, 30, 2025 — PAPER CONVERTERS LOCAL 286/1034 FEDERAL CREDIT UNION is a federal credit union headquartered in PHILADELPHIA, PA with 1 branch location and about $1.91 million in total assets. Opened 47 years ago in 1979, PAPER CONVERTERS LOCAL 286/1034 FEDERAL CREDIT UNION has about 2,159 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PAPER CONVERTERS LOCAL 286/1034 FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 410 N 8th St PHILADELPHIA, PA 19123-3903 |
| Phone: | (215) 829-9212 |
| Fax: | (215) 829-9041 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 2,159 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 23556 |
|---|---|
| Membership Type: | Associational - Other than religious or fraternal, or 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1979 |
| Last Audited: | Dec 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,909,125 |
| CEO/Manager: | Yolanda Greene |
| Chairperson: | Carlo Simone, III |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 35,520 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 812,944 |
| Other Loans | 7,365 |
| TOTAL LOANS | 820,309 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -14,493 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 14,946 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,909,125 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 201,244 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,578,459 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 1,578,459 |
| TOTAL LIABILITIES | 1,779,703 |
| Regular Reserve | 0 |
| Other Reserves | 54,910 |
| Undivided Earnings | 74,512 |
| TOTAL EQUITY | 129,422 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,909,125 |
| INCOME & EXPENSE | |
| Loan Income | 63,338 |
| Investment Income | 24,944 |
| Other Income | 8,563 |
| Total Employee Compensation & Benefits | 56,765 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 28,647 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,800 |
| Cost of Funds | 0 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 9,633 |
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