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National Credit Union Service Organization

CORPUS CHRISTI POSTAL EMPLOYEES CREDIT UNION

Dec, 31, 2021 — 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 $15.41 million in total assets. Opened 91 years ago in 1931, CORPUS CHRISTI POSTAL EMPLOYEES CREDIT UNION has about 1,860 members and employs 4 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
Address:
(Main Office)
808 Nueces Bay Blvd
CORPUS CHRISTI, TX 78408
Phone:(361) 888-5871
Fax:(361) 888-4320
Website:http://ccpecu.com
Branches:1 branch locations
Members:1,860
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67963
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1931
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$15,408,707
CEO/Manager:Elma Schwing
Chairperson:Edward O Torres

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 6,171,939
TOTAL INVESTMENTS 998,054
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 434,553
 Other Loans 6,452,556
 TOTAL LOANS 6,887,109
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -16,657
 Land And Building 48,612
 Other Fixed Assets 34
 NCUSIF Deposit 138,955
 All Other Assets 1,180,661
  TOTAL ASSETS 15,408,707
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 129,586
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,605,439
 Regular shares 9,519,292
 All Other Shares & Deposits 1,448,053
  TOTAL SHARES & DEPOSITS 13,572,784
  TOTAL LIABILITIES 13,702,370
 Regular Reserve 104,010
 Other Reserves -711,140
 Undivided Earnings 2,313,467
  TOTAL EQUITY 1,706,337
  TOTAL LIABILITIES, SHARES, & EQUITY 15,408,707
INCOME & EXPENSE  
 Loan Income 478,348
 Investment Income 10,906
 Other Income 201,345
 Total Employee Compensation & Benefits 479,657
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 244,412
 Non-operating Income & (Expense) 14,345
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 52,992
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 40,644
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