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 |
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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 |
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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 |
ASSETS: | $ Amount |
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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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