Jun, 30, 2024 — GOVERNMENT PRINTING OFFICE FEDERAL CREDIT UNION is a federal credit union headquartered in WASHINGTON, DC with 1 branch location and about $30.95 million in total assets. Opened 89 years ago in 1935, GOVERNMENT PRINTING OFFICE FEDERAL CREDIT UNION has about 4,221 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GOVERNMENT PRINTING OFFICE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 732 N Capitol ST NW WASHINGTON, DC 20401-0002 |
| Phone: | (202) 512-1067 |
| Fax: | (202) 289-1790 |
| Website: | https://www.gpofcu.org |
| Branches: | 1 branch locations |
| Members: | 4,221 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 538 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Jun 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $30,954,101 |
| CEO/Manager: | Stephanie Covington |
| Chairperson: | Robert Freeman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,017,597 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 6,405,912 |
| Unsecured Loans | 3,084,872 |
| Other Loans | 4,757,617 |
| TOTAL LOANS | 14,248,401 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -47,077 |
| Land And Building | 0 |
| Other Fixed Assets | 13,988 |
| NCUSIF Deposit | 286,214 |
| All Other Assets | 0 |
| TOTAL ASSETS | 30,954,101 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 105 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 32,379 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,592,177 |
| Regular shares | 13,715,517 |
| All Other Shares & Deposits | 8,372,687 |
| TOTAL SHARES & DEPOSITS | 28,680,381 |
| TOTAL LIABILITIES | 28,712,865 |
| Regular Reserve | 0 |
| Other Reserves | -122,452 |
| Undivided Earnings | 2,363,688 |
| TOTAL EQUITY | 2,241,236 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 30,954,101 |
| INCOME & EXPENSE | |
| Loan Income | 552,672 |
| Investment Income | 22,248 |
| Other Income | 269,150 |
| Total Employee Compensation & Benefits | 482,300 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 707,853 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,059 |
| Cost of Funds | 33,980 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -229,229 |
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