Dec, 31, 2023 — PAUL QUINN FEDERAL CREDIT UNION is a federal credit union headquartered in JAMAICA, NY with 0 branch location and about $336,108 in total assets. Opened 44 years ago in 1980, PAUL QUINN FEDERAL CREDIT UNION has about 153 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PAUL QUINN FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 10616 Guy R Brewer Blvd JAMAICA, NY 11433-2119 |
| Phone: | (718) 739-3353 |
| Fax: | (718) 739-3353 |
| Website: | https://paulquinnfcu.org |
| Branches: | 0 branch locations |
| Members: | 153 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 23658 |
|---|---|
| Membership Type: | Associational - Religious, other than those designated 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1980 |
| Last Audited: | Dec 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $336,108 |
| CEO/Manager: | Pegi Brown |
| Chairperson: |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 104,243 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 33,771 |
| Other Loans | 13,012 |
| TOTAL LOANS | 46,783 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,776 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 2,361 |
| All Other Assets | 0 |
| TOTAL ASSETS | 336,108 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 65 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 7,853 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 223,007 |
| All Other Shares & Deposits | 14,974 |
| TOTAL SHARES & DEPOSITS | 237,981 |
| TOTAL LIABILITIES | 245,899 |
| Regular Reserve | 0 |
| Other Reserves | 10,112 |
| Undivided Earnings | 80,097 |
| TOTAL EQUITY | 90,209 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 336,108 |
| INCOME & EXPENSE | |
| Loan Income | 4,222 |
| Investment Income | 5,307 |
| Other Income | 885 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 7,538 |
| Non-operating Income & (Expense) | 234 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 1,000 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,110 |
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» See also Statement of Financial Condition