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SPRINGFIELD POSTAL EMPLOYEES FEDERAL CREDIT UNION

Jun, 30, 2023 — SPRINGFIELD POSTAL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in SPRINGFIELD, OH with 0 branch location and about $4.81 million in total assets. Opened 74 years ago in 1950, SPRINGFIELD POSTAL EMPLOYEES FEDERAL CREDIT UNION has about 565 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SPRINGFIELD POSTAL EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
150 N Limestone St
SPRINGFIELD, OH 45501
Phone:(937) 323-8949
Fax:(937) 323-7240
Website:n/a
Branches:0 branch locations
Members:565
Credit Union Type:Federal Credit Union
Charter Number:7022
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1950
Last Audited:Jun 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$4,809,813
CEO/Manager:Timothy Fagan
Chairperson:Jeff S Hall

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 257,979
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 720,464
 Other Loans 1,726,116
 TOTAL LOANS 2,446,580
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) 3,706
 Land And Building 0
 Other Fixed Assets 22
 NCUSIF Deposit 40,890
 All Other Assets 0
  TOTAL ASSETS 4,809,813
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 8,770
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 4,107,292
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 4,107,292
  TOTAL LIABILITIES 4,116,062
 Regular Reserve 0
 Other Reserves 70,905
 Undivided Earnings 622,846
  TOTAL EQUITY 693,751
  TOTAL LIABILITIES, SHARES, & EQUITY 4,809,813
INCOME & EXPENSE  
 Loan Income 112,472
 Investment Income 19,008
 Other Income 4,525
 Total Employee Compensation & Benefits 51,815
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 58,204
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -7,142
 Cost of Funds 22,850
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 10,278
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