POSTAL GOVERNMENT EMPLOYEES FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.pgecu.org for more information.
Sep, 30, 2025 — POSTAL GOVERNMENT EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Providence, RI with 2 branch locations and about $52.03 million in total assets. Opened 99 years ago in 1927, POSTAL GOVERNMENT EMPLOYEES FEDERAL CREDIT UNION has about 2,569 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | POSTAL GOVERNMENT EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 179 West River Street Providence, RI 02904 |
| Phone: | (401) 421-2436 |
| Fax: | (401) 421-0012 |
| Website: | https://www.pgecu.org |
| Branches: | 2 branch locations |
| Members: | 2,569 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24528 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1927 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $52,031,291 |
| CEO/Manager: | Kenneth F Poyton |
| Chairperson: | William Sousa |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 11,295,050 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 22,828,507 |
| Unsecured Loans | 963,766 |
| Other Loans | 5,322,347 |
| TOTAL LOANS | 29,114,620 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -94,691 |
| Land And Building | 820,065 |
| Other Fixed Assets | 92,584 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 466,349 |
| All Other Assets | 0 |
| TOTAL ASSETS | 52,031,291 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 9,118 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 73,820 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,402,778 |
| Regular shares | 21,065,381 |
| All Other Shares & Deposits | 16,402,710 |
| TOTAL SHARES & DEPOSITS | 45,870,869 |
| TOTAL LIABILITIES | 45,953,807 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 6,077,484 |
| TOTAL EQUITY | 6,077,484 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 52,031,291 |
| INCOME & EXPENSE | |
| Loan Income | 920,689 |
| Investment Income | 183,812 |
| Other Income | 156,662 |
| Total Employee Compensation & Benefits | 470,845 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 682,935 |
| Non-operating Income & (Expense) | 243,696 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 25,830 |
| Cost of Funds | 140,145 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 185,104 |
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