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QUAD CITIES POSTAL CREDIT UNION

Mar, 31, 2021 — QUAD CITIES POSTAL CREDIT UNION is a federally insured state chartered credit union headquartered in Moline, IL with 1 branch location and about $8.45 million in total assets. Opened 83 years ago in 1938, QUAD CITIES POSTAL CREDIT UNION has about 755 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:QUAD CITIES POSTAL CREDIT UNION
Address:
(Main Office)
4502 27th St
Moline, IL 61265-6311
Phone:(309) 797-1414
Fax:(309) 797-9884
Website:http://www.qcpcu.com
Branches:1 branch locations
Members:755
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:60535
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1938
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$8,445,330
CEO/Manager:Seth J Guss-Bell
Chairperson:Ronald Stagg

Call Report

  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,170,687
TOTAL INVESTMENTS 1,514,142
Loans Held for Sale 0
 
 Real Estate Loans 1,408,075
 Unsecured Loans 597,897
 Other Loans 1,346,875
 TOTAL LOANS 3,352,847
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -23,412
 Land And Building 274,442
 Other Fixed Assets 30,864
 NCUSIF Deposit 58,755
 All Other Assets 67,005
  TOTAL ASSETS 8,445,330
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 9,491
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,079,514
 Regular shares 4,491,667
 All Other Shares & Deposits 1,212,888
  TOTAL SHARES & DEPOSITS 7,784,069
  TOTAL LIABILITIES 7,793,560
 Regular Reserve 152,498
 Other Reserves 0
 Undivided Earnings 499,272
  TOTAL EQUITY 651,770
  TOTAL LIABILITIES, SHARES, & EQUITY 8,445,330
INCOME & EXPENSE  
 Loan Income 52,343
 Investment Income 5,280
 Other Income 14,973
 Total Employee Compensation & Benefits 30,442
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 42,148
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,525
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -1,519
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