JACKSONVILLE POSTAL & PROFESSIONAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.jppcu.org for more information.
Dec, 31, 2023 — JACKSONVILLE POSTAL & PROFESSIONAL CREDIT UNION is a federally insured state chartered credit union headquartered in JACKSONVILLE, FL with 2 branch locations and about $43.34 million in total assets. Opened 33 years ago in 1991, JACKSONVILLE POSTAL & PROFESSIONAL CREDIT UNION has about 2,455 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| 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: | https://www.jppcu.org |
| Branches: | 2 branch locations |
| Members: | 2,455 |
| 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: | Feb 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $43,341,881 |
| CEO/Manager: | alma Threadcraft |
| Chairperson: | Scott Carter |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,506,826 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 5,747,553 |
| Unsecured Loans | 1,490,996 |
| Other Loans | 5,517,790 |
| TOTAL LOANS | 12,756,339 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -135,666 |
| Land And Building | 57,000 |
| Other Fixed Assets | 642 |
| NCUSIF Deposit | 354,750 |
| All Other Assets | 0 |
| TOTAL ASSETS | 43,341,881 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 698,750 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,380,060 |
| Regular shares | 23,390,979 |
| All Other Shares & Deposits | 7,407,008 |
| TOTAL SHARES & DEPOSITS | 36,178,047 |
| TOTAL LIABILITIES | 36,876,797 |
| Regular Reserve | 0 |
| Other Reserves | 2,100,480 |
| Undivided Earnings | 4,364,604 |
| TOTAL EQUITY | 6,465,084 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 43,341,881 |
| INCOME & EXPENSE | |
| Loan Income | 472,676 |
| Investment Income | 195,104 |
| Other Income | 89,451 |
| Total Employee Compensation & Benefits | 526,681 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,126,216 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,600 |
| Cost of Funds | 60,979 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -851,278 |
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