Dec, 31, 2023 — CORPUS CHRISTI POSTAL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in CORPUS CHRISTI, TX with 1 branch location and about $15.55 million in total assets. Opened 93 years ago in 1931, CORPUS CHRISTI POSTAL EMPLOYEES CREDIT UNION has about 1,830 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: | CORPUS CHRISTI POSTAL EMPLOYEES CREDIT UNION |
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Address: (Main Office) | 808 Nueces Bay Blvd CORPUS CHRISTI, TX 78408 |
Phone: | (361) 888-5871 |
Fax: | (361) 888-4320 |
Website: | https://ccpecu.com |
Branches: | 1 branch locations |
Members: | 1,830 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67963 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1931 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $15,546,875 |
CEO/Manager: | Elma Schwing |
Chairperson: | Edward O Torres |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,651,371 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 443,565 |
Other Loans | 7,539,224 |
TOTAL LOANS | 7,982,789 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -81,474 |
Land And Building | 48,612 |
Other Fixed Assets | 34 |
NCUSIF Deposit | 132,964 |
All Other Assets | 0 |
TOTAL ASSETS | 15,546,875 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 166,304 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,916,680 |
Regular shares | 9,249,839 |
All Other Shares & Deposits | 1,097,308 |
TOTAL SHARES & DEPOSITS | 13,263,827 |
TOTAL LIABILITIES | 13,430,131 |
Regular Reserve | 0 |
Other Reserves | -675,477 |
Undivided Earnings | 2,792,221 |
TOTAL EQUITY | 2,116,744 |
TOTAL LIABILITIES, SHARES, & EQUITY | 15,546,875 |
INCOME & EXPENSE | |
Loan Income | 562,549 |
Investment Income | 231,287 |
Other Income | 83,433 |
Total Employee Compensation & Benefits | 349,908 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 308,984 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 50,043 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 275,687 |
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» See also Statement of Financial Condition