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PROFESSIONAL POLICE OFFICERS CREDIT UNION

Mar, 31, 2022 — PROFESSIONAL POLICE OFFICERS CREDIT UNION is a non-federally insured state credit union headquartered in INDIANAPOLIS, IN with 1 branch location and about $55.88 million in total assets. Opened 91 years ago in 1931, PROFESSIONAL POLICE OFFICERS CREDIT UNION has about 3,322 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 274074066
Name:PROFESSIONAL POLICE OFFICERS CREDIT UNION
Address:
(Main Office)
1502 E Washington St
INDIANAPOLIS, IN 46201-3849
Phone:(317) 327-2600
Fax:(317) 327-2610
Website:https://www.ppocu.org
Branches:1 branch locations
Members:3,322
Credit Union Type:Non-Federally Insured State Credit Union
Charter Number:82769
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1931
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$55,879,512
CEO/Manager:Danny C Overley
Chairperson:Leo T Blackwell

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,157,398
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 5,092,624
 Unsecured Loans 1,350,297
 Other Loans 13,436,174
 TOTAL LOANS 19,879,095
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -12,462
 Land And Building 354,783
 Other Fixed Assets 0
 NCUSIF Deposit 0
 All Other Assets 0
  TOTAL ASSETS 55,879,512
LIABILITIES & CAPITAL:  
 Dividends Payable 37,354
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 137,396
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,113,111
 Regular shares 38,276,331
 All Other Shares & Deposits 5,296,879
  TOTAL SHARES & DEPOSITS 48,686,321
  TOTAL LIABILITIES 48,861,071
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 7,018,441
  TOTAL EQUITY 7,018,441
  TOTAL LIABILITIES, SHARES, & EQUITY 55,879,512
INCOME & EXPENSE  
 Loan Income 182,458
 Investment Income 93,019
 Other Income 15,271
 Total Employee Compensation & Benefits 141,651
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 136,344
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 47,541
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 72,184
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