Sep, 30, 2025 — PARAMOUNT BAPTIST CHURCH FEDERAL CREDIT UNION is a federal credit union headquartered in WASHINGTON, DC with 0 branch location and about $159,398 in total assets. Opened 43 years ago in 1983, PARAMOUNT BAPTIST CHURCH FEDERAL CREDIT UNION has about 184 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PARAMOUNT BAPTIST CHURCH FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3924 4th St SE WASHINGTON, DC 20032-3005 |
| Phone: | (301) 562-6339 |
| Fax: | (202) 563-3653 |
| Website: | n/a |
| Branches: | 0 branch locations |
| Members: | 184 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24073 |
|---|---|
| Membership Type: | Associational - Religious, other than those designated 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1983 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $159,398 |
| CEO/Manager: | Lillian Drumgold |
| Chairperson: | Kenneth Rioland |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 50,922 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 109,527 |
| Other Loans | 0 |
| TOTAL LOANS | 109,527 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,494 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 4,373 |
| All Other Assets | 0 |
| TOTAL ASSETS | 159,398 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 0 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 93,416 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 93,416 |
| TOTAL LIABILITIES | 93,416 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 65,982 |
| TOTAL EQUITY | 65,982 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 159,398 |
| INCOME & EXPENSE | |
| Loan Income | 8,984 |
| Investment Income | 0 |
| Other Income | 64 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,706 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,772 |
| Cost of Funds | 0 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,570 |
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