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WORCESTER POLICE DEPARTMENT FEDERAL CREDIT UNION

Sep, 30, 2025 — WORCESTER POLICE DEPARTMENT FEDERAL CREDIT UNION is a federal credit union headquartered in WORCESTER, MA with 1 branch location and about $25.42 million in total assets. Opened 79 years ago in 1947, WORCESTER POLICE DEPARTMENT FEDERAL CREDIT UNION has about 1,256 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:WORCESTER POLICE DEPARTMENT FEDERAL CREDIT UNION
Address:
(Main Office)
805 W Boylston St
WORCESTER, MA 01606-3032
Phone:(508) 799-7677
Fax:(508) 799-7517
Website:https://www.wpdfcu.com
Branches:1 branch locations
Members:1,256
Credit Union Type:Federal Credit Union
Charter Number:24868
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1947
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$25,416,204
CEO/Manager:Julie-Anne Przypek
Chairperson:John Fallavollita

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,042,082
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 8,919,157
 Unsecured Loans 2,032,882
 Other Loans 8,299,055
 TOTAL LOANS 19,251,094
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -145,724
 Land And Building 941,127
 Other Fixed Assets 15,626
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 203,816
 All Other Assets 0
  TOTAL ASSETS 25,416,204
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 344,417
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,059,086
 Regular shares 10,462,048
 All Other Shares & Deposits 7,659,589
  TOTAL SHARES & DEPOSITS 22,180,723
  TOTAL LIABILITIES 22,525,140
 Regular Reserve 0
 Other Reserves 178,530
 Undivided Earnings 2,712,534
  TOTAL EQUITY 2,891,064
  TOTAL LIABILITIES, SHARES, & EQUITY 25,416,204
INCOME & EXPENSE  
 Loan Income 904,629
 Investment Income 18,068
 Other Income 72,241
 Total Employee Compensation & Benefits 391,958
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 275,647
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 8,296
 Cost of Funds 233,210
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 92,798
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