Dec, 31, 2023 — NEW HAMPSHIRE POSTAL CREDIT UNION is a federally insured state chartered credit union headquartered in MANCHESTER, NH with 2 branch locations and about $58.49 million in total assets. Opened 84 years ago in 1940, NEW HAMPSHIRE POSTAL CREDIT UNION has about 3,151 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | NEW HAMPSHIRE POSTAL CREDIT UNION |
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Address: (Main Office) | 955 Goffs Falls Rd MANCHESTER, NH 03103 |
Phone: | (603) 625-9032 |
Fax: | (603) 622-7890 |
Website: | https://nhpcu.com |
Branches: | 2 branch locations |
Members: | 3,151 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 66207 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1940 |
Last Audited: | Oct 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $58,488,004 |
CEO/Manager: | Philip Fontaine, Jr |
Chairperson: | Sally A Sutton |
ASSETS: | $ Amount |
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Cash & Equivalents | 9,625,289 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 6,308,463 |
Unsecured Loans | 1,114,692 |
Other Loans | 7,062,273 |
TOTAL LOANS | 14,485,429 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -27,462 |
Land And Building | 355,782 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 470,819 |
All Other Assets | 0 |
TOTAL ASSETS | 58,488,004 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 175,462 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 7,172,508 |
Regular shares | 39,434,411 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 46,606,919 |
TOTAL LIABILITIES | 46,782,381 |
Regular Reserve | 0 |
Other Reserves | 790,000 |
Undivided Earnings | 10,915,623 |
TOTAL EQUITY | 11,705,623 |
TOTAL LIABILITIES, SHARES, & EQUITY | 58,488,004 |
INCOME & EXPENSE | |
Loan Income | 846,177 |
Investment Income | 1,610,997 |
Other Income | 102,680 |
Total Employee Compensation & Benefits | 531,302 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 558,820 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 22,349 |
Cost of Funds | 507,869 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,298,941 |
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