Sep, 30, 2025 — PHILADELPHIA LETTER CARRIERS FEDERAL CREDIT UNION is a federal credit union headquartered in PHILADELPHIA, PA with 1 branch location and about $6.76 million in total assets. Opened 79 years ago in 1947, PHILADELPHIA LETTER CARRIERS FEDERAL CREDIT UNION has about 1,157 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PHILADELPHIA LETTER CARRIERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2512 S Broad St PHILADELPHIA, PA 19145-4658 |
| Phone: | (215) 922-5474 |
| Fax: | (215) 922-5475 |
| Website: | https://www.phillycreditunion.com |
| Branches: | 1 branch locations |
| Members: | 1,157 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5539 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1947 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $6,763,468 |
| CEO/Manager: | Robert Pino |
| Chairperson: | Teresa Gahagan |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,012,115 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,019,730 |
| Unsecured Loans | 1,056,695 |
| Other Loans | 1,929,634 |
| TOTAL LOANS | 6,006,059 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -270,465 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 57,168 |
| All Other Assets | 0 |
| TOTAL ASSETS | 6,763,468 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 17,005 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 313,840 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,078,739 |
| Regular shares | 3,250,676 |
| All Other Shares & Deposits | 1,672,409 |
| TOTAL SHARES & DEPOSITS | 6,001,824 |
| TOTAL LIABILITIES | 6,332,669 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 430,799 |
| TOTAL EQUITY | 430,799 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 6,763,468 |
| INCOME & EXPENSE | |
| Loan Income | 408,170 |
| Investment Income | 22,605 |
| Other Income | 80,866 |
| Total Employee Compensation & Benefits | 430,463 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 322,015 |
| Non-operating Income & (Expense) | 63,040 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 278,499 |
| Cost of Funds | 61,798 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -518,094 |
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