PARK COMMUNITY CREDIT UNION, INC is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.parkcommunity.com for more information.
Dec, 31, 2023 — PARK COMMUNITY CREDIT UNION, INC is a federally insured state chartered credit union headquartered in Louisville, KY with 17 branch locations and about $1.18 billion in total assets. Opened 69 years ago in 1955, PARK COMMUNITY CREDIT UNION, INC has about 81,413 members and employs 276 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | PARK COMMUNITY CREDIT UNION, INC |
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Address: (Main Office) | 2515 Blankenbaker Pkwy Louisville, KY 40299-2465 |
Phone: | (502) 968-3681 |
Fax: | |
Website: | https://www.parkcommunity.com |
Branches: | 17 branch locations |
Members: | 81,413 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68644 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1955 |
Last Audited: | Dec 01, 2020 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $1,180,951,067 |
CEO/Manager: | Jim Spradlin |
Chairperson: | Bobby G Willoughby |
ASSETS: | $ Amount |
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Cash & Equivalents | 78,229,673 |
TOTAL INVESTMENTS | 266,088,532 |
Loans Held for Sale | 664,750 |
Real Estate Loans | 555,362,044 |
Unsecured Loans | 27,542,143 |
Other Loans | 172,862,851 |
TOTAL LOANS | 755,767,038 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,173,411 |
Land And Building | 26,057,267 |
Other Fixed Assets | 3,747,310 |
NCUSIF Deposit | 9,621,392 |
All Other Assets | 46,948,516 |
TOTAL ASSETS | 1,180,951,067 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 295 |
Notes & Interest Payable | 17,095,078 |
Accounts Payable & Other Liabilities | 17,629,843 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 6,600,000 |
Share Drafts | 230,995,860 |
Regular shares | 308,853,499 |
All Other Shares & Deposits | 505,127,082 |
TOTAL SHARES & DEPOSITS | 1,044,976,441 |
TOTAL LIABILITIES | 1,086,301,657 |
Regular Reserve | 8,146,365 |
Other Reserves | -10,793,610 |
Undivided Earnings | 97,296,655 |
TOTAL EQUITY | 94,649,410 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,180,951,067 |
INCOME & EXPENSE | |
Loan Income | 25,945,613 |
Investment Income | 1,810,944 |
Other Income | 3,599,950 |
Total Employee Compensation & Benefits | 15,655,735 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 13,711,107 |
Non-operating Income & (Expense) | 2,725,431 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 3,977,358 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 7,988,114 |
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