Jun, 30, 2024 — PARAMOUNT BAPTIST CHURCH FEDERAL CREDIT UNION is a federal credit union headquartered in WASHINGTON, DC with 0 branch location and about $147,730 in total assets. Opened 41 years ago in 1983, PARAMOUNT BAPTIST CHURCH FEDERAL CREDIT UNION has about 479 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: | 479 |
| 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: | Apr 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $147,730 |
| CEO/Manager: | Brenda A Lipscomb |
| Chairperson: | Kenneth Rioland |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 29,346 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 113,996 |
| Other Loans | 0 |
| TOTAL LOANS | 113,996 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,527 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 2,845 |
| All Other Assets | 0 |
| TOTAL ASSETS | 147,730 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 39 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 95,925 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 95,925 |
| TOTAL LIABILITIES | 95,964 |
| Regular Reserve | 0 |
| Other Reserves | 6,117 |
| Undivided Earnings | 45,649 |
| TOTAL EQUITY | 51,766 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 147,730 |
| INCOME & EXPENSE | |
| Loan Income | 9,181 |
| Investment Income | 0 |
| Other Income | 242 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,538 |
| Non-operating Income & (Expense) | 0 |
| 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) | 7,885 |
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