Dec, 31, 2023 — POSTCITY FINANCIAL CREDIT UNION is a non-federally insured state credit union headquartered in LONG BEACH, CA with 3 branch locations and about $77.12 million in total assets. Opened 91 years ago in 1933, POSTCITY FINANCIAL CREDIT UNION has about 4,980 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | POSTCITY FINANCIAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3738 Bayer Ave Unit 102 LONG BEACH, CA 90808 |
| Phone: | (562) 498-6057 |
| Fax: | |
| Website: | https://www.postcitycu.org |
| Branches: | 3 branch locations |
| Members: | 4,980 |
| Credit Union Type: | Non-Federally Insured State Credit Union |
| Charter Number: | 86063 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1933 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $77,122,049 |
| CEO/Manager: | Christine Haley |
| Chairperson: | Daniel Mastren |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,562,669 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 13,756,053 |
| Unsecured Loans | 1,926,479 |
| Other Loans | 10,961,903 |
| TOTAL LOANS | 26,644,435 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -92,963 |
| Land And Building | 1,956,356 |
| Other Fixed Assets | 34,793 |
| NCUSIF Deposit | 0 |
| All Other Assets | 0 |
| TOTAL ASSETS | 77,122,049 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 423,856 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 12,514,968 |
| Regular shares | 40,960,448 |
| All Other Shares & Deposits | 14,181,288 |
| TOTAL SHARES & DEPOSITS | 67,656,704 |
| TOTAL LIABILITIES | 68,080,560 |
| Regular Reserve | 0 |
| Other Reserves | 1,827,385 |
| Undivided Earnings | 7,214,104 |
| TOTAL EQUITY | 9,041,489 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 77,122,049 |
| INCOME & EXPENSE | |
| Loan Income | 1,209,970 |
| Investment Income | 842,686 |
| Other Income | 479,506 |
| Total Employee Compensation & Benefits | 1,200,609 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,194,389 |
| Non-operating Income & (Expense) | -11,127 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 71,084 |
| Cost of Funds | 132,060 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,835 |
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