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POST OFFICE EMPLOYEES' CREDIT UNION

Mar, 31, 2022 — POST OFFICE EMPLOYEES' CREDIT UNION is a federally insured state chartered credit union headquartered in METAIRIE, LA with 3 branch locations and about $54.74 million in total assets. Opened 98 years ago in 1924, POST OFFICE EMPLOYEES' CREDIT UNION has about 4,685 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:POST OFFICE EMPLOYEES' CREDIT UNION
Address:
(Main Office)
4624 W Napoleon Ave
METAIRIE, LA 70001-2492
Phone:(504) 885-6871
Fax:(504) 885-2012
Website:http://www.poecu.org
Branches:3 branch locations
Members:4,685
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:63069
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1924
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$54,740,698
CEO/Manager:Michelle C Duhe
Chairperson:Sidney A Parfait

Call Report

  • Credit Builder
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,893,269
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 12,256,956
 Unsecured Loans 4,014,686
 Other Loans 8,491,227
 TOTAL LOANS 24,876,388
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -207,855
 Land And Building 627,275
 Other Fixed Assets 16,029
 NCUSIF Deposit 398,096
 All Other Assets 0
  TOTAL ASSETS 54,740,698
LIABILITIES & CAPITAL:  
 Dividends Payable 6,494
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 468,745
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 10,044,730
 Regular shares 36,279,105
 All Other Shares & Deposits 3,032,617
  TOTAL SHARES & DEPOSITS 49,356,452
  TOTAL LIABILITIES 49,831,691
 Regular Reserve 0
 Other Reserves 2,199,408
 Undivided Earnings 2,709,599
  TOTAL EQUITY 4,909,007
  TOTAL LIABILITIES, SHARES, & EQUITY 54,740,698
INCOME & EXPENSE  
 Loan Income 331,471
 Investment Income 40,859
 Other Income 127,530
 Total Employee Compensation & Benefits 221,701
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 533,650
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 12,372
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -238,542
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