Credit Unions Near Me
National Credit Union Service Organization

NORTH CAROLINA PRESS ASSOCIATION FEDERAL CREDIT UNION

Dec, 31, 2020 — NORTH CAROLINA PRESS ASSOCIATION FEDERAL CREDIT UNION is a federal credit union headquartered in RALEIGH, NC with 0 branch location and about $10.64 million in total assets. Opened 37 years ago in 1984, NORTH CAROLINA PRESS ASSOCIATION FEDERAL CREDIT UNION has about 1,420 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:NORTH CAROLINA PRESS ASSOCIATION FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 27744
RALEIGH, NC 27690
Phone:(919) 839-5338
Fax:
Website:http://www.ncpafcu.org
Branches:0 branch locations
Members:1,420
Credit Union Type:Federal Credit Union
Charter Number:24140
Membership Type:Associational - Other than religious or fraternal, or 'low-income'
Corporate Credit Union:No
Year Opened:1984
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$10,644,299
CEO/Manager:Daniel Morris
Chairperson:Johnny Whitfield

Call Report

  • Real Estate Loans
  • ATM/Debit Card Program
  • Check Cashing
  • Health Savings Accounts
  • Insurance/Investment Sales
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,918,319
TOTAL INVESTMENTS 5,738,835
Loans Held for Sale 0
 
 Real Estate Loans 882,541
 Unsecured Loans 426,231
 Other Loans 712,135
 TOTAL LOANS 2,020,907
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -116,400
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 73,092
 All Other Assets 9,546
  TOTAL ASSETS 10,644,299
LIABILITIES & CAPITAL:  
 Dividends Payable 812
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 11,951
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,452,763
 Regular shares 2,507,697
 All Other Shares & Deposits 4,410,028
  TOTAL SHARES & DEPOSITS 9,370,488
  TOTAL LIABILITIES 9,383,251
 Regular Reserve 100,000
 Other Reserves 0
 Undivided Earnings 1,161,048
  TOTAL EQUITY 1,261,048
  TOTAL LIABILITIES, SHARES, & EQUITY 10,644,299
INCOME & EXPENSE  
 Loan Income 115,415
 Investment Income 82,116
 Other Income 118,409
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 149,952
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 32,000
 Cost of Funds 47,040
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 86,948
↑ Back to Top

Other Credit Unions

SHAW UNIVERSITY FEDERAL CREDIT UNION
118 E SOUTH ST
RALEIGH, NC 27601
MOUNT VERNON BAPTIST CHURCH CREDIT UNION
1007 S ROXBORO ST
DURHAM, NC 27707
CIVIC FEDERAL CREDIT UNION
3600 WAKE FOREST RD
RALEIGH, NC 27609
ELECTEL COOPERATIVE FEDERAL CREDIT UNION
PO BOX 27306
RALEIGH, NC 27611
WELCOME FEDERAL CREDIT UNION
PO BOX 830
MORRISVILLE, NC 27560
VISION FINANCIAL FEDERAL CREDIT UNION
PO Box 15818
DURHAM, NC 27704
R T P FEDERAL CREDIT UNION
P O Box 12807
RTP, NC 27709
FIRST FLIGHT FEDERAL CREDIT UNION
1815 KILDAIRE FARM RD, SUITE A
CARY, NC 27518
COASTAL FEDERAL CREDIT UNION
PO Box 58429
RALEIGH, NC 27658
LOCAL GOVERNMENT FEDERAL CREDIT UNION
3600 WAKE FOREST RD
RALEIGH, NC 27609-7309