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PAUL QUINN FEDERAL CREDIT UNION

Dec, 31, 2020 — PAUL QUINN FEDERAL CREDIT UNION is a federal credit union headquartered in JAMAICA, NY with 0 branch location and about $291,523 in total assets. Opened 41 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:http://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:Nov 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$291,523
CEO/Manager:Pegi Brown
Chairperson:Fred Johnson

Call Report

  • Risk Based Loans
  • Check Cashing

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 56,348
TOTAL INVESTMENTS 194,518
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 18,570
 Other Loans 12,636
 TOTAL LOANS 31,206
 (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 2,319
 All Other Assets 10,908
  TOTAL ASSETS 291,523
LIABILITIES & CAPITAL:  
 Dividends Payable 60
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,094
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 188,341
 All Other Shares & Deposits 12,919
  TOTAL SHARES & DEPOSITS 201,260
  TOTAL LIABILITIES 202,414
 Regular Reserve 10,112
 Other Reserves 0
 Undivided Earnings 78,997
  TOTAL EQUITY 89,109
  TOTAL LIABILITIES, SHARES, & EQUITY 291,523
INCOME & EXPENSE  
 Loan Income 2,821
 Investment Income 5,026
 Other Income 974
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 9,965
 Non-operating Income & (Expense) 9,078
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 7,934
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