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PARAMOUNT BAPTIST CHURCH FEDERAL CREDIT UNION

Mar, 31, 2021 — PARAMOUNT BAPTIST CHURCH FEDERAL CREDIT UNION is a federal credit union headquartered in Washington, DC with 0 branch location and about $125,803 in total assets. Opened 38 years ago in 1983, PARAMOUNT BAPTIST CHURCH FEDERAL CREDIT UNION has about 466 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:466
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:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$125,803
CEO/Manager:Brenda A Lipscomb
Chairperson:Kenneth Rioland

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 27,500
TOTAL INVESTMENTS 18,505
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 80,123
 Other Loans 0
 TOTAL LOANS 80,123
 (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 1,029
 All Other Assets 1,173
  TOTAL ASSETS 125,803
LIABILITIES & CAPITAL:  
 Dividends Payable 1,023
 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 85,547
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 85,547
  TOTAL LIABILITIES 86,609
 Regular Reserve 6,116
 Other Reserves 0
 Undivided Earnings 33,078
  TOTAL EQUITY 39,194
  TOTAL LIABILITIES, SHARES, & EQUITY 125,803
INCOME & EXPENSE  
 Loan Income 2,068
 Investment Income 0
 Other Income 48
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,057
 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) 59
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