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JACKSONVILLE POSTAL & PROFESSIONAL CREDIT UNION

Jun, 30, 2021 — JACKSONVILLE POSTAL & PROFESSIONAL CREDIT UNION is a federally insured state chartered credit union headquartered in JACKSONVILLE, FL with 2 branch locations and about $45.23 million in total assets. Opened 30 years ago in 1991, JACKSONVILLE POSTAL & PROFESSIONAL CREDIT UNION has about 2,929 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 263079166
Name:JACKSONVILLE POSTAL & PROFESSIONAL CREDIT UNION
Address:
(Main Office)
1820 ROGERO RD
JACKSONVILLE, FL 32211-4115
Phone:(904) 743-2555
Fax:(904) 743-1048
Website:http://www.jppcu.org
Branches:2 branch locations
Members:2,929
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67298
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1991
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$45,231,325
CEO/Manager:alma Threadcraft
Chairperson:Scott Carter

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 19,428,326
TOTAL INVESTMENTS 12,007,742
Loans Held for Sale 0
 
 Real Estate Loans 6,275,506
 Unsecured Loans 1,630,837
 Other Loans 5,279,223
 TOTAL LOANS 13,385,245
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -162,321
 Land And Building 85,071
 Other Fixed Assets 26,394
 NCUSIF Deposit 331,258
 All Other Assets 129,610
  TOTAL ASSETS 45,231,325
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 130,189
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,924,470
 Regular shares 22,232,196
 All Other Shares & Deposits 9,424,028
  TOTAL SHARES & DEPOSITS 36,580,694
  TOTAL LIABILITIES 36,710,883
 Regular Reserve 1,050,480
 Other Reserves 1,050,000
 Undivided Earnings 6,419,962
  TOTAL EQUITY 8,520,442
  TOTAL LIABILITIES, SHARES, & EQUITY 45,231,325
INCOME & EXPENSE  
 Loan Income 338,120
 Investment Income 72,760
 Other Income 61,764
 Total Employee Compensation & Benefits 188,263
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 221,501
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 101,945
 Cost of Funds 65,773
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -104,838
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