Sep, 30, 2025 — PEOPLE'S ALLIANCE FEDERAL CREDIT UNION is a federal credit union headquartered in HAUPPAUGE, NY with 8 branch locations and about $319.83 million in total assets. Opened 86 years ago in 1940, PEOPLE'S ALLIANCE FEDERAL CREDIT UNION has about 32,596 members and employs 84 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PEOPLE'S ALLIANCE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 125 Wireless Blvd HAUPPAUGE, NY 11788-3971 |
| Phone: | (631) 434-3500 |
| Fax: | (631) 434-6652 |
| Website: | https://www.pafcu.org |
| Branches: | 8 branch locations |
| Members: | 32,596 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 3633 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1940 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $319,830,855 |
| CEO/Manager: | Carol A Allen |
| Chairperson: | Diane Goerz |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 47,835,848 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 44,926,422 |
| Unsecured Loans | 28,796,745 |
| Other Loans | 117,212,069 |
| TOTAL LOANS | 190,935,236 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,330,150 |
| Land And Building | 2,338,249 |
| Other Fixed Assets | 328,658 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,575,753 |
| All Other Assets | 0 |
| TOTAL ASSETS | 319,830,855 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 254,471 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 5,068,155 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 48,433,305 |
| Regular shares | 126,309,504 |
| All Other Shares & Deposits | 107,914,021 |
| TOTAL SHARES & DEPOSITS | 282,656,830 |
| TOTAL LIABILITIES | 287,979,456 |
| Regular Reserve | 0 |
| Other Reserves | -2,522,721 |
| Undivided Earnings | 34,374,120 |
| TOTAL EQUITY | 31,851,399 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 319,830,855 |
| INCOME & EXPENSE | |
| Loan Income | 8,364,010 |
| Investment Income | 3,120,134 |
| Other Income | 1,948,595 |
| Total Employee Compensation & Benefits | 5,417,965 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 5,346,598 |
| Non-operating Income & (Expense) | 2,800 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,176,499 |
| Cost of Funds | 2,238,426 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 509,966 |
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