Dec, 31, 2023 — PUBLIC EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in WATERLOO, IA with 1 branch location and about $35.12 million in total assets. Opened 72 years ago in 1952, PUBLIC EMPLOYEES CREDIT UNION has about 1,890 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: | PUBLIC EMPLOYEES CREDIT UNION |
---|---|
Address: (Main Office) | 624 Franklin St WATERLOO, IA 50703 |
Phone: | (319) 291-4375 |
Fax: | (319) 291-2119 |
Website: | https://www.publicemployeescu.com |
Branches: | 1 branch locations |
Members: | 1,890 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 64390 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1952 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $35,120,226 |
CEO/Manager: | Lisa Carlo |
Chairperson: | Paul Huting |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 4,168,376 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 3,468,499 |
Unsecured Loans | 643,638 |
Other Loans | 8,683,666 |
TOTAL LOANS | 12,795,803 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -33,573 |
Land And Building | 136,366 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 282,016 |
All Other Assets | 0 |
TOTAL ASSETS | 35,120,226 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 38,074 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,162,285 |
Regular shares | 1,756,534 |
All Other Shares & Deposits | 25,590,123 |
TOTAL SHARES & DEPOSITS | 30,508,943 |
TOTAL LIABILITIES | 30,547,017 |
Regular Reserve | 0 |
Other Reserves | 900,000 |
Undivided Earnings | 3,673,209 |
TOTAL EQUITY | 4,573,209 |
TOTAL LIABILITIES, SHARES, & EQUITY | 35,120,226 |
INCOME & EXPENSE | |
Loan Income | 598,327 |
Investment Income | 476,873 |
Other Income | 11,459 |
Total Employee Compensation & Benefits | 338,962 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 240,024 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 515,202 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 42,328 |
↑ Back to Top |
» See also Statement of Financial Condition