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PASADENA POSTAL CREDIT UNION

Sep, 30, 2021 — PASADENA POSTAL CREDIT UNION is a federally insured state chartered credit union headquartered in Pasadena, TX with 1 branch location and about $3.71 million in total assets. Opened 55 years ago in 1966, PASADENA POSTAL CREDIT UNION has about 366 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:http://www.prioritypostalcu.com
Branches:1 branch locations
Members:366
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:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$3,705,574
CEO/Manager:Ruby Diaz
Chairperson:Wallace J Taylor

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 662,691
TOTAL INVESTMENTS 500
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 472,172
 Other Loans 2,557,368
 TOTAL LOANS 3,029,540
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -35,685
 Land And Building 0
 Other Fixed Assets 3,521
 NCUSIF Deposit 28,907
 All Other Assets 16,100
  TOTAL ASSETS 3,705,574
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 13,861
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,355,088
 All Other Shares & Deposits 1,950,785
  TOTAL SHARES & DEPOSITS 3,305,873
  TOTAL LIABILITIES 3,319,734
 Regular Reserve 115,381
 Other Reserves 0
 Undivided Earnings 270,459
  TOTAL EQUITY 385,840
  TOTAL LIABILITIES, SHARES, & EQUITY 3,705,574
INCOME & EXPENSE  
 Loan Income 184,542
 Investment Income 348
 Other Income 10,296
 Total Employee Compensation & Benefits 103,862
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 66,730
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 14,420
 Cost of Funds 22,577
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -993
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