Jun, 30, 2024 — PEPCO FEDERAL CREDIT UNION is a federal credit union headquartered in WASHINGTON, DC with 2 branch locations and about $38.72 million in total assets. Opened 89 years ago in 1935, PEPCO FEDERAL CREDIT UNION has about 1,973 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PEPCO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 701 9th St NW Ste 6230 WASHINGTON, DC 20001-4572 |
| Phone: | (202) 872-3085 |
| Fax: | (202) 872-3262 |
| Website: | https://pepcofcu.org |
| Branches: | 2 branch locations |
| Members: | 1,973 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 367 |
|---|---|
| Membership Type: | Multiple common bond - Primarily communications and utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | May 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $38,719,394 |
| CEO/Manager: | Kenneth E Filipovich |
| Chairperson: | Brandon Bowles |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 11,015,050 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 175,219 |
| Unsecured Loans | 4,243,888 |
| Other Loans | 1,970,168 |
| TOTAL LOANS | 6,389,275 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -91,362 |
| Land And Building | 0 |
| Other Fixed Assets | 15,420 |
| NCUSIF Deposit | 312,661 |
| All Other Assets | 0 |
| TOTAL ASSETS | 38,719,394 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 115,810 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 14,690,632 |
| Regular shares | 15,572,358 |
| All Other Shares & Deposits | 5,234,381 |
| TOTAL SHARES & DEPOSITS | 35,497,371 |
| TOTAL LIABILITIES | 35,613,181 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,106,213 |
| TOTAL EQUITY | 3,106,213 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 38,719,394 |
| INCOME & EXPENSE | |
| Loan Income | 505,190 |
| Investment Income | 206,391 |
| Other Income | 119,984 |
| Total Employee Compensation & Benefits | 559,570 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 379,903 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,000 |
| Cost of Funds | 51,144 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -55,609 |
| ↑ Back to Top | |