Jun, 30, 2024 — PASADENA POSTAL CREDIT UNION is a federally insured state chartered credit union headquartered in PASADENA, TX with 1 branch location and about $3.25 million in total assets. Opened 58 years ago in 1966, PASADENA POSTAL CREDIT UNION has about 388 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PASADENA POSTAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1199 Pasadena Blvd PASADENA, TX 77501 |
| Phone: | (713) 473-9349 |
| Fax: | |
| Website: | https://www.prioritypostalcu.com |
| Branches: | 1 branch locations |
| Members: | 388 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67476 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1966 |
| Last Audited: | Feb 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,253,727 |
| CEO/Manager: | Margot Melendez |
| Chairperson: | Nick Perez |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 672,008 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 435,798 |
| Other Loans | 2,112,758 |
| TOTAL LOANS | 2,548,556 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -17,338 |
| Land And Building | 0 |
| Other Fixed Assets | 901 |
| NCUSIF Deposit | 33,326 |
| All Other Assets | 0 |
| TOTAL ASSETS | 3,253,727 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 17,326 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,766,152 |
| All Other Shares & Deposits | 1,052,952 |
| TOTAL SHARES & DEPOSITS | 2,819,104 |
| TOTAL LIABILITIES | 2,836,430 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 417,297 |
| TOTAL EQUITY | 417,297 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,253,727 |
| INCOME & EXPENSE | |
| Loan Income | 159,726 |
| Investment Income | 1,653 |
| Other Income | 13,930 |
| Total Employee Compensation & Benefits | 87,788 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 59,590 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 6,764 |
| Cost of Funds | 9,342 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 14,917 |
| ↑ Back to Top | |