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PETERSBURG FED REF CREDIT UNION INC

Dec, 31, 2023 — PETERSBURG FED REF CREDIT UNION INC is a federally insured state chartered credit union headquartered in HOPEWELL, VA with 1 branch location and about $3.86 million in total assets. Opened 73 years ago in 1951, PETERSBURG FED REF CREDIT UNION INC has about 748 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PETERSBURG FED REF CREDIT UNION INC
Address:
(Main Office)
PO BOX 1298
HOPEWELL, VA 23860
Phone:(804) 861-2537
Fax:(804) 861-4607
Website:n/a
Branches:1 branch locations
Members:748
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:66896
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1951
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$3,859,416
CEO/Manager:Rose C Williams
Chairperson:Paul Dunston

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 243,831
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 423,274
 Other Loans 1,713,829
 TOTAL LOANS 2,137,103
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -19,690
 Land And Building 0
 Other Fixed Assets 1,230
 NCUSIF Deposit 31,997
 All Other Assets 0
  TOTAL ASSETS 3,859,416
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 13
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,626,931
 All Other Shares & Deposits 1,174,023
  TOTAL SHARES & DEPOSITS 2,800,954
  TOTAL LIABILITIES 2,800,967
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,058,449
  TOTAL EQUITY 1,058,449
  TOTAL LIABILITIES, SHARES, & EQUITY 3,859,416
INCOME & EXPENSE  
 Loan Income 78,914
 Investment Income 7,290
 Other Income 2,982
 Total Employee Compensation & Benefits 44,863
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 33,041
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 19,712
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -3,219
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